Georgia

XRP Climbs 14% This Week as Several Institutions Adopt Ripple’s Services
XRP Climbs 14% This Week as Several Institutions Adopt Ripple’s Services
XRP has risen about 14% in the past week, as bitcoin and ether hold steady. Bulls may have reacted to two positive developments for payments firm Ripple, as the company recent...
XRP Climbs 14% This Week as Several Institutions Adopt Ripple’s Services

Bitmain Antminer S19 Hydro mining rigs (Eliza Gkritsi/CoinDesk)
Bitcoin Miner CleanSpark to Buy 2 Georgia Facilities for $9.3M
The new facilities are expected to add just under 1 EH/s to CleanSpark's hashrate.
Bitmain Antminer S19 Hydro mining rigs (Eliza Gkritsi/CoinDesk)

(Nikhilesh De/CoinDesk)
USDT Issuer Tether Ventures Into Payment Processing With Georgia Investment
The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay.
(Nikhilesh De/CoinDesk)

Work on CleanSpark's expansion in Washington, Georgia. (CleanSpark)
Crypto Miner CleanSpark Extends Bear-Market Strategy, Buying 20K of Bitmain's Newest Rigs
The Bitmain Antminer S19j Pro+ machines will increase CleanSpark's computing power by 37%.
Work on CleanSpark's expansion in Washington, Georgia. (CleanSpark)

Work is underway for CleanSpark's expansion in Washington, Georgia. (CleanSpark)
Bitcoin Miner CleanSpark Builds 50MW Additional Mining Capacity at Georgia Site
The mining firm will increase its computing power by 25% to 34% after the U.S. site goes online.
Work is underway for CleanSpark's expansion in Washington, Georgia. (CleanSpark)

Various banknote and money of the Republic of Georgia (Getty Images, modified by CoinDesk)
Coinbase Threatens to Sue Crypto Traders Who Profited From Pricing Glitch
A thousand users in the republic of Georgia made wild profits on a Coinbase pricing glitch. Now the U.S.-based crypto exchange wants the money back.
Various banknote and money of the Republic of Georgia (Getty Images, modified by CoinDesk)

A bitcoin mining farm (Marko Ahtisaari/Flickr)
Amid Market Rout, Crypto Miners Are Still Building
Crypto miners are still developing innovative data centers despite a souring market that has some miners struggling to survive.
A bitcoin mining farm (Marko Ahtisaari/Flickr)

CleanSpark's immersion cooling facility in Norcross, Georgia (Eliza Gkritsi/CoinDesk)
Bitcoin Miner CleanSpark to Buy Mawson’s Georgia Mining Facility, Rigs for Up to $42.5M
The deal has potential to increase CleanSpark’s hashrate to 5.2 EH/s by the year-end, exceeding the company’s previous guidance.
CleanSpark's immersion cooling facility in Norcross, Georgia (Eliza Gkritsi/CoinDesk)

Coinbase Bug Allows Georgian Users to Cash Out for 100x Profit
Coinbase Bug Allows Georgian Users to Cash Out for 100x Profit
Coinbase (COIN) users in the Eastern European country of Georgia were able to exploit a price bug that allowed them to cash out their holdings for 100 times the exchange rate,...
Coinbase Bug Allows Georgian Users to Cash Out for 100x Profit

(Coinbase)
Coinbase Mispricing Allows Users in Georgia to Cash Out for 100 Times Rate
The bug saw Georgia's national currency, the lari (GEL), priced at $290 rather than $2.90.
(Coinbase)