Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022

August 12, 2022 Bitcoin.com

Andrey Kim

This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the United States. The chief operating officer at Genesis, Andrey Kim, said the firm has been pleased with “the pace” of the bitcoin mining company’s U.S. […]

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ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program

March 17, 2022 Bitcoin.com

ASIC Mining Rig Manufacturer Canaan Reveals 0 Million Stock Buyback Program

Bitcoin

The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a U.S. Securities and Exchange Commission (SEC) filing that the move was due to issues with “recent international frictions” and “domestic quarantine measures for Covid-19 control.” […]

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Canaan Secures Order for 30,000 Bitcoin Mining Rigs From Genesis Digital Assets

December 17, 2021 Bitcoin.com

ASIC

The application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer Canaan has announced the company has secured a follow-on contract from Genesis Digital Assets for 30,000 mining machines. The sale is part of an agreement between Canaan and Genesis that gives the mining operation the option to purchase up to 180,000 ASIC bitcoin mining rigs. Canaan […]

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14- and 9-Year-Old Brother and Sister Duo Rake in $30K a Month Mining Crypto With Renewable Energy

September 28, 2021 Bitcoin.com

14- and 9-Year-Old Brother and Sister Duo Rake in K a Month Mining Crypto With Renewable Energy

$30000 a month

The beauty behind cryptocurrency networks like Bitcoin is the fact that anyone can participate in the field of crypto mining. In fact, two siblings explained in a recent interview that they rake in more than $30K per month mining digital assets. Kid Duo Captures $30K a Month Mining Digital Currencies A 14- and 9-year-old brother […]

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