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Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site

Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining SiteThe Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3 million. Applied Digital and Marathon Ink $87.3 Million Deal for Texas Mining […]

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Chinese Firm Invests $25 Million in ‘Cryptocurrency Mining Data Center’ in Texas

Chinese Firm Invests  Million in ‘Cryptocurrency Mining Data Center’ in TexasOn Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth $25 million is with Dory Creek, LLC as the two companies will construct and operate a 57.2 MW mining facility powered by 85% […]

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