Hut 8 Mining, a Canadian digital asset miner, and U.S. Data Mining Group (doing business as US Bitcoin), a Bitcoin mining center operator, will combine their businesses in an all-stock merger. The deal is aimed to create a major Bitcoin mining company with a combined market capitalization of approximately $990 million in North America. Post-closing, […]
AXP Energy has signed a binding heads of agreement (HOA) with cryptocurrency mining company Elite Mining to provide gas to the latter’s in-situ power generation for the cryptocurrency mining sector in the US. As per the agreement, AXP Energy will be provide stranded gas from its Pathfinder field in Colorado, all associated gas gathering infrastructure […]
