Today news
About the same in other media
Industrial Bitcoin mining breathes new life into tiny Texan town
Reading now: 392
Two Bitcoin mining giants are duking it out for cheap electricity in the tiny town in Texas.
Both Bitdeer, a mining firm that spun out from Chinese giant Bitmain, and Riot Blockchain, one of leading publicly traded Bitcoin mining firms in the United States, are operating data centers hosted at a former aluminium smelting facility in the Texan town of Rockdale.
The town’s aluminium smelting plant was previously the world’s largest, until the company that ran it, Alcoa, began winding up operations in 2008. According to Lee Bratcher, president of the Texas Blockchain Council, the facility’s energy capacity was wasted from Alcoa’s departure until the miners set up shop.
Despite Rockdale comprising a tiny rural town of just 5,600 people, it
Read more on cointelegraph.comAbout this in other media
China warns state-owned enterprises to cease involvement in Bitcoin mining cointelegraph.com /3 years ago
Nasdaq-listed Bitcoin mining firm Marathon to raise $500M in debt cointelegraph.com /3 years ago
AMC Starts Accepting Crypto, Regulatory Meetings, Bitcoin Mining Difficulty + More News cryptonews.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
