BlocksBridge Press Releases

Published on October 14, 2021 - 16:50 GMT

Underground Cryptocurrency Mining Hinders Development of Local Economy — And the Entire Industry

A surge of underground crypto mining in the Irkutsk region burdens the grid, doesn’t meet necessary standards, and draws the ire of regulators MOSCOW, RUSSIA, October 14, 2021 /⁨EINPresswire.com⁩/ -- Russian authorities have attributed a massive increase in retail energy consumption to underground cryptocurrency mining operations that take advantage of cheap retail electricity in some regions while overloading the regional grid — increasing the risk of accidents and emergencies. Therefore, government …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on August 5, 2021 - 13:00 GMT

Foundry Grants 1BTC to Mempool.space to Boost Bitcoin Ecosystem’s Security and Transparency

Foundry announced a grant of 1 Bitcoin to mempool.space. Foundry will also assist mempool.space in developing mining-focused features on their website. ROCHESTER, NEW YORK, USA, August 5, 2021 /⁨EINPresswire.com⁩/ -- Foundry Digital LLC (“Foundry”), a leading provider of services for institutions in the digital asset mining and staking industry, is delighted to announce a grant of 1 Bitcoin (BTC) to mempool.space, one of the most popular open-source blockchain explorers for Bitcoin. In addition to the …

Distribution channels: Electronics Industry, Energy Industry ...
Published on May 5, 2021 - 11:00 GMT

Bit Digital Joins Foundry USA Pool with 5,679 Machines, Adding Up To 280 PH/s of Compute Power to the Pool

Bit Digital is latest company to leverage the pool's institutional grade services while advancing Foundry’s mission of decentralizing the Bitcoin mining network Bit Digital, Inc. (NASDAQ:BTBT) ROCHESTER, NEW YORK, UNITED STATES, May 5, 2021 /⁨EINPresswire.com⁩/ -- Bit Digital, Inc. (“Bit Digital”) (Nasdaq: BTBT), a Nasdaq-listed Bitcoin mining company headquartered in New York, and Foundry Digital LLC (“Foundry”), a wholly-owned subsidiary of Digital Currency Group (“DCG”) focused on digital asset …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on April 23, 2021 - 11:00 GMT

Bitfarms Partners with Foundry to Expand Bitcoin Mining Fleet and Join Foundry USA Pool, Instantly Boost Hashrate by 15%

Bitfarms leverages Foundry’s suite of offerings to purchase and finance the latest generation of Bitcoin mining machines that commenced operations on April 23. Bitfarms Ltd. (TSXV:BITF) ROCHESTER, NEW YORK, USA, April 23, 2021 /⁨EINPresswire.com⁩/ -- Bitfarms Ltd. (“Bitfarms”) (TSXV:BITF / OTC:BFARF), and Foundry Digital LLC (“Foundry"), a wholly-owned subsidiary of Digital Currency Group (DCG) focused on digital asset mining and staking, jointly announce Bitfarms’ purchase of 2,465 Whatsminer M30S …

Distribution channels: Electronics Industry, Energy Industry ...
Published on April 12, 2021 - 12:00 GMT

BitRiver Announces Pre-Sale of BTR Token Powered by 100 Megawatts of Low-Carbon Cryptocurrency Mining in Siberia

The utility token can be used to pay for BitRiver’s colocation services and will be bought back by BitRiver at original listing price after a five-year period. MOSCOW, RUSSIA, April 12, 2021 /⁨EINPresswire.com⁩/ -- BitRiver, the largest international provider of colocation services for low-carbon cryptocurrency mining, announced today the pre-sale of the BitRiver token (BTR), an ERC-20 utility token that represents one watt-hour (Wh) of power in BitRiver’s colocation facility in Bratsk, a city in the …

Distribution channels: Energy Industry, Environment ...
Published on March 23, 2021 - 11:30 GMT

Hut 8 to Join Foundry USA Pool, Adds 14,400 Machines With 5,000 More to Follow

Foundry USA Pool’s seamless integration with DCG-subsidiary Genesis will enable Hut 8 to maximize its bitcoin mining yield. TORONTO, ONTARIO, CANADA, March 23, 2021 /⁨EINPresswire.com⁩/ -- Hut 8 Mining Corp. (TSX: HUT), one of North America’s oldest, largest and most innovative bitcoin miners, and Foundry Digital LLC, a wholly-owned subsidiary of Digital Currency Group (DCG) focused on digital asset mining and staking, jointly announced that Hut 8 is now mining on Foundry USA Pool. Hut 8 has added a …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on March 11, 2021 - 18:08 GMT

Foundry Opens Its Mining Pool to Large Institutional Clients as Blockcap Onboards with 10,000 Machines

Blockcap has added over 0.9 exahashes of bitcoin mining compute power to Foundry USA Pool, which has now started to onboard institutional mining businesses. ROCHESTER, NEW YORK, USA, March 11, 2021 /⁨EINPresswire.com⁩/ -- Blockcap, Inc., one of the largest bitcoin mining companies in North America, and Foundry Digital LLC, a wholly-owned subsidiary of Digital Currency Group (DCG) focused on digital asset mining and staking, jointly announced that Blockcap is now mining Bitcoin on Foundry USA Pool with …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...

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Underground Cryptocurrency Mining Hinders Development of Local Economy — And the Entire Industry

Foundry Grants 1BTC to Mempool.space to Boost Bitcoin Ecosystem’s Security and Transparency

Bit Digital Joins Foundry USA Pool with 5,679 Machines, Adding Up To 280 PH/s of Compute Power to the Pool

Bitfarms Partners with Foundry to Expand Bitcoin Mining Fleet and Join Foundry USA Pool, Instantly Boost Hashrate by 15%

BitRiver Announces Pre-Sale of BTR Token Powered by 100 Megawatts of Low-Carbon Cryptocurrency Mining in Siberia

Hut 8 to Join Foundry USA Pool, Adds 14,400 Machines With 5,000 More to Follow

Foundry Opens Its Mining Pool to Large Institutional Clients as Blockcap Onboards with 10,000 Machines