Tag: genesis digital assets

Sep 21 2021

Bitcoin Mining Giant Genesis Digital Assets Raises $431 Million

The round led by investment firm Paradigm will fund the expansion of Genesis' bitcoin mining operations in the U.S. and Nordics.Bitcoin miner active since 2013 Genesis Digital Assets announced today the...

Jul 28 2021

Genesis Digital Assets Raises $125 Million To Expand Bitcoin Mining Operations

Genesis announced a $125 million round of equity funding to further expand the bitcoin miner's industrial-scale operations.Genesis Digital Assets, a bitcoin mining company active since 2013, has announced a $125 million round of equity funding to support the firm's expansion plans.The...

Jun 17 2021

Canaan Sells 10,000 Bitcoin Miners To Genesis Digital Assets

Jun 17 2021 Published at Bitcoinist.com under tags  asic miner bitcoin btc canaan eth

Bitcoin mining firm Genesis Digital Assets has purchased an additional 10,000 Bitcoin miners from the ASIC machine manufacturer Canaan. By the end of the month, Canaan plans to complete the order of 10,000 A1246 and A1166 Pro Avalonminers. The move isn't the first time the two companies have dealt with each other. Earlier this year, Genesis Digital Assets bought $93.6 million worth of...

Jun 16 2021

Genesis Digital Assets Buys 10,000 Bitcoin Mining Rigs From Canaan

Bitcoin mining firm Genesis Digital Assets has bought 10,000 bitcoin mining rigs from Canaan, advancing a partnership that started in April.Bitcoin miner manufacturer Canaan announced that it has secured a purchase order for 10,000 of its...

Apr 29 2021

Bitcoin Mining Firm Genesis Makes $93 Million Purchase Of Canaan ASICs

Bitcoin mining firm Genesis Digital Assets announced a $93 million partnership with Canaan to increase its capacity by 117 megawatts.According to a press release sent to Bitcoin Magazine, bitcoin miner manufacturer Canaan “announced a long-term strategic partnership with Genesis Digital Assets, an industrial- scale bitcoin mining firm.”Through the partnership, Genesis is set to receive $93.63...

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