Bit Digital


Policy

Blockfusion's Crypto Mine in Niagara Falls Shut Down Due to Zoning Ordinances

As soon as the city's moratorium on the industry was lifted, Blockfusion was ordered to shut down over zoning issues.

The Blockfusion crypto mining facility in Niagara Falls, New York. (Eliza Gkritsi/CoinDesk)

Finance

Why Bit Digital Is Expanding Into Canada

Bit Digital Chief Strategy Officer Samir Tabar joined CoinDesk TV’s “All About Bitcoin,” to discuss the mining company’s bid to increase hosting capacity in Canada.

Mining rigs in Plattsburgh, N.Y. (Fran Velasquez/CoinDesk)

Videos

Bit Digital Exec on Canada Expansion, State of Crypto Mining

Sam Tabar, chief strategy officer at New York-based digital asset mining company Bit Digital, shares insights into expanding operations to Canada. Plus, his take on the potential repercussions of New York's two-year bitcoin mining moratorium bill, Sen. Warren (D-Mass.) targeting miners for their energy consumption, and the state of the mining industry at large.

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Finance

Bit Digital Production Slump Continued Into Q1, Strikes Deals With Coinmint, Riot to Increase Hashrate

The bitcoin miner has struggled to recover its hashrate since moving its operations out of China.

Blockfusion's mining facility in Niagara Falls, New York, that hosts Bit Digital's mining rigs. (Eliza Gkritsi/CoinDesk)

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Finance

First a Hum and Then a Bang: Niagara Falls Residents Forced to Reckon With Crypto Mining

The city in New York has imposed a moratorium on new bitcoin mining operations as complaints about noise were compounded by an explosion and fire at a mining site last week.

Blockfusion's mining facility in Niagara Falls, New York, that hosts Bit Digital's mining rigs. (Eliza Gkritsi/CoinDesk)

Finance

Bit Digital Partners With BitMine to Host 7K ASIC Miners

BitMine will store the machines in immersion coolers for greater efficiency.

Cryptocurrency mining machines

Finance

Warren Targets 6 More Crypto Miners for Their Energy Use

The crypto miners welcomed the dialogue on the environmental issues of mining with the Massachusetts senator.

Sen. Elizabeth Warren (D-Mass.) (Kevin Dietsch/Getty Images)

Videos

Taproot Unlocks Bitcoin Opportunities, Mintable Aims Big

Bit Digital says the entire crypto mining fleet is now out of China. Taproot upgrade unlocks greater bitcoin network utility. Singapore's Mintable aims to become the world's largest NFT marketplace. We'll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Finance

Bit Digital Migrates All Its Bitcoin Mining Out of China Amid Ban

The New York-based miner expects to increase its mining power to 2.6 EH/s by mid-2022.

The United States Is Now the World Leader in Bitcoin Mining

Finance

Bit Digital Stock Slides After $80M Private Placement

Institutional investors bought 13.5 million shares from the bitcoin mining company.

Mining machines (GreenBelka/Shutterstock)

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