U.A.E.-based Phoenix Technology Consultants has signed a $650 million order for crypto mining rigs, one of the largest purchases on record, CEO Munaf Ali said at the World Digital Mining Summit (WDMS), which started in Dubai.Deliveries of the “new generation” machines will start in 2022. Phoenix will also place orders for over $2 billion worth of crypto mining … [Read more...] about U.A.E.-Based Phoenix Technology Consultants Places Order for $650M Worth of Crypto Mining Rigs
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Riot Blockchain is set to acquire a Texas data facility for $650M
Riot Blockchain is continuing its Bitcoin (BTC) mining expansion efforts. Reports suggest that the United States-based miner is set to purchase Whinstone US Inc, currently owned by Northern Data.The planned purchase was announced by Riot Blockchain on Thursday via a press release, with the U.S. Bitcoin miner paying $80 million in cash. The remainder will come from the sale of … [Read more...] about Riot Blockchain is set to acquire a Texas data facility for $650M