Company Usess Junk Bonds to Convert Aluminum Smelter into a Giant Mining Operation
News

Company Uses Junk Bonds to Convert Aluminum Smelter into a Giant Mining Operation

Coinmint LLC is turning to junk lending in order to fund a massive new mining operation. The project will repurpose a now-closed industrial site. Coinmint LLC is in the midst of a...

Danny Scopelliti | 2 years ago
Crypto Mining Becoming a Concern in Some US Cities
Mining

Crypto Mining Becoming a Concern in Some US Cities

As interest in cryptocurrencies continues, so does FOMO. Mining is one way to get in on the action, but some cities aren’t taking too kindly to the high power consumption that goes...

Nikita Blows | 2 years ago
News

NY Power Authority CEO Wants to Give Cheap Electricity to Mine Bitcoin

The New York Power Authority CEO has recommended that the organization approve a request for cheap energy towards Bitcoin mining in the town of Massena, New York. From Smokestacks to...

Allen Scott | 2 years ago