#mining

Marathon Digital (MARA), a leading public Bitcoin mining company, has finalized a deal to acquire two mining facilities with a combined capacity of 390 megawatts for $179 million from Generate Capital's subsidiaries. This acquisition is set to boost MARA's self-operated production capacity from a mere 3% to a substantial 45%.

As reported earlier, mining pool ANTPOOL received an inadvertently overcharged transaction fee of 83 BTC, with the remaining funds (55 BTC) seized by the fraudster.

The company has commenced mining powered by methane gas harvested from a landfill. This off-grid pilot project, with a capacity of 280 kW, is currently operational in Utah.

F2Pool, a prominent Asian Bitcoin mining pool, appears to be enforcing U.S. sanctions by selectively filtering transactions from wallets identified on the OFAC blacklist.

Canadian mining firm Hut 8 reported that it hasn't sold any of the 111 BTC it minted in September 2023, despite a decline in the previous year's revenues.

"We will compensate users for up to 50% of the stolen assets. Additionally, 'tokenized claims' will be issued, with an intent for Mixin to buy them back from future profits." Moreover, the BTC.TOP mining pool's CEO is adamant that the bitcoins held within Mixin's protocol shouldn't have gone missing. He emphasized that Mixin's standard practice was to keep their bitcoins in cold storage, making them impervious to the cloud server breach that compromised their hot wallets.