Bit Digital Expands Mining Operations in Iceland Amidst U.S. Regulatory Pressure

With growing pressure from U.S. regulators, Bit Digital, a New York-based mining company, is expanding its infrastructure in Iceland. The company plans to locate 2,500 recently purchased mining rigs in Iceland.As Bit Digital CEO Samir Tab ...

HIVE Mining Company Aims to Double Production Capacity to 6 EH/s by Year-End

Mining company HIVE said it plans to reach 4 EH/s production capacity by the end of this year and then increase it to 6 EH/s. That's almost double the firm's current capacity. HIVE explained that the company plans to achieve this goal by using a new batch of next-generati ...