One of the largest bitcoin miners, Riot Blockchain (RIOT), is buying electrical equipment provider ESS Metron for $50 million, consisting of up to 715,413 shares of Riot’s common stock and $25 million in cash, according to a press release.Denver, Colorado-based ESS Metron is a key supplier to Riot’s Whinstone, Texas facility and provides “highly engineered, custom product … [Read more...] about Bitcoin Miner Riot Buys Electrical Equipment Provider ESS Metron for $50M
Equipment
Compass Mining Launches Resale Market for Bitcoin Mining Equipment
“When Compass Mining started, we knew we wanted miners to have control over the entire process and Compass Marketplace gives our users the autonomy to resell bitcoin mining equipment when they want, and for how much they want,” Compass CEO Whit Gibbs said in a statement on Tuesday. Source link … [Read more...] about Compass Mining Launches Resale Market for Bitcoin Mining Equipment
Malaysian police destroy crypto mining equipment
Police in Malaysia are alleged to have destroyed over 1,000 mining machines at the end of last week In a rather unusual incident, authorities in Malaysia have steamrolled millions of dollars worth of crypto mining equipment. A video clip doing the rounds on social media on Friday showed several ASIC mining rigs being destroyed. Initially, the clip led to confusion before it was … [Read more...] about Malaysian police destroy crypto mining equipment
Enterprise DeFi finances personal protective equipment
Supply chain management has historically been challenging due to issues, such as increased costs, consumer demands, financial risk, volatility and much more. Unfortunately, the COVID-19 pandemic has created even bigger issues for supply chains globally. A recent survey conducted by Big Four firm Ernst & Young in late 2020 puts this in perspective, noting that 97% of … [Read more...] about Enterprise DeFi finances personal protective equipment