Mining
Mining
Mining
Marathon Digital upsizes debt offering to $1 billion for Bitcoin expansion
Marathon Digital, a Nasdaq-listed Bitcoin mining company, has revealed plans to increase its debt offering, which will mature in 2030, to $1 billion, according to a Nov. 18 statement. Marathon explained that the zero-interest senior […]
Mining
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Mining
El Salvador toys with renting 170 volcanoes to Bitcoin miners, aims to disrupt industry
El Salvador is exploring innovative ways to enhance its Bitcoin mining operations, with President Nayib Bukele proposing a unique approach—renting out the country’s volcanoes to miners. The idea, shared in a Nov. 25 social media […]
Mining
Mining
Swiss canton passes legislation to explore Bitcoin mining with surplus energy
Samuel Kullmann, a member of the Swiss canton of Bern parliament, passed legislation to explore Bitcoin (BTC) mining as a potential solution to address surplus electricity production in the region. Lawmakers have tasked the Executive […]
Mining
Mining
Marathon Digital buys wind farm in Texas, expands renewable energy push
Bitcoin (BTC) miner Marathon Digital has announced the acquisition of a wind farm in Hansford County, Texas, to bolster its sustainability efforts. The wind farm, which boasts 240 megawatts (MW) of interconnection capacity and 114 […]
Mining
Mining
Marathon Digital leverages dual strategy to surpass mining goals and boost Bitcoin reserves
Marathon Digital reported a record performance in its Bitcoin mining operations for November amid its ongoing commitment to acquiring the top crypto asset for its reserves. In a Dec. 2 statement, the company revealed that […]
