Montana Boosts Local Bitcoin Miner With $416k Grant
In a US first, Montana's state government is providing public funds to support a local bitcoin mining firm as part of an effort to fuel job creation.
The Chinese bitcoin miner manufacturer has disclosed it made a net loss of $148.6 million for 2019 on a revenue of $204.3 million.
As mining regulations loom, Iranian bitcoiners are stuck in compliance purgatory – facing fines and even jail.
Hive said it would likely not be able to meet the development conditions for the project without tax relief on electricity.
Bitcoin's price jump has juiced demand for new mining equipment, with some models on backlog until October.
Kodak has licensed its name to a new bitcoin mining product.