Articles for tag: Bitcoin Mining, CJMining, economic growth, energy costs, mining pool, North America, renewable energy

March 19, 2025

CJMining Expands in North America with Plans to Acquire 53 MW Energy Assets for Sustainable Growth and Innovation

The Bitcoin mining sector in North America is growing at around 15% annually, mainly due to dropping electricity costs. CJMining, a well-known mining service provider, plans to acquire a 53-megawatt facility in Oklahoma that offers electricity at just $0.029 per kWh, significantly lower than the North American average. The facility is equipped with advanced technology ...

March 19, 2025

Market News

Crypto

CJMining Expands in North America with Plans to Acquire 53 MW to Enhance Energy Operations and Service Efficiency

CJMining, a leading Bitcoin mining service provider, has announced plans to acquire a 53-megawatt mining facility in Oklahoma, taking advantage of low electricity costs averaging just $0.029 per kilowatt-hour. This acquisition is part of CJMining’s strategy to enhance profitability as the Bitcoin mining industry grows steadily in North America. The facility is equipped with modern ...