In the remote northwestern region of Zambia, a bitcoin mine operates near the Zambezi River, utilizing energy from the Zengamina hydroelectric plant. Before the Kenyan company Gridless arrived, excess power from the plant was wasted, making electricity costly for local residents. Now, Gridless’s mining operation generates 30% of the plant’s revenue, significantly benefiting the town ...
Bitfarms Ltd., a leading Bitcoin mining and data center company, reported its February 2025 production results, showcasing an operational hashrate of 16.1 EH/s, a 6% increase from the previous month. The company is on track to finalize the acquisition of Stronghold Digital Mining by Q1 2025 and is strategically selling its Yguazu facility in Paraguay. ...
HIVE Digital Technologies Ltd., a leader in sustainable blockchain infrastructure, recently announced a significant achievement of 6.0 Exahashes per second in operational hashrate as of January 2, 2025, reflecting a 47% increase from the previous year. This growth comes from upgrading their Bitcoin mining fleet with advanced Avalon machines, enhancing both efficiency and output. HIVE ...
