Tag: bit digital

May 05 2021

Bit Digital Brings 5,679 Bitcoin Miners, 280 PH/s To Foundry USA Pool

Bitcoin mining company Bit Digital has joined DCG’s Foundry USA Pool as it seeks to become a world leader in hash rate.Bit Digital, a Bitcoin mining company based in New York and owned by Digital Currency Group (DCG), is now mining bitcoin as part of Foundry USA Pool, adding some 5,679 mining rigs and 280 peta hashes per second to the pool....

Apr 21 2021

Bit Digital, Compute North Partner To Drive Sustainable Bitcoin Mining

Bit Digital will be colocating in Compute North facilities to leverage its renewable-energy-focused design for bitcoin mining.Bit Digital, one of the largest bitcoin mining companies in North America by hash rate, is expanding its operations by colocating in Compute North facilities, adding an additional 40 megawatts of hashing power with 13,000 new ASIC miners to its arsenal, according to a...

Feb 03 2021

Bitcoin Mining Firm Bit Digital Removes CEO; Chairwoman Resigns

Feb 03 2021 Published at CoinDesk under tags  bitcoin mining bit digital markets news

The changes come amid an ongoing class-action lawsuit against the mining company.

Jan 22 2021

Class Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud Allegations

Defendants allege the mining company made false and/or misleading statements and failed to disclose the true extent of its mining operations.

Jan 20 2021

Bitcoin Miner Bit Digital Hits Back at ‘False Accusations’ of Fraud

The company shed $130 million in value after J Capital’s report.

Jan 10 2021

Bitcoin Miner Bit Digital Passes $1B Market Cap

Jan 10 2021 Published at CoinDesk under tags  bitcoin mining bit digital markets news

The company had a total value of $6.2 million a year ago.

Dec 07 2020

Bit Digital Completes $13.9M Deal for New Mining Machines

Dec 07 2020 Published at CoinDesk under tags  antminer bitcoin mining bit digital markets news

The company acquired nearly 18,000 new ASICs in an all-stock transaction.

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