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Georgia

XRP Climbs 14% This Week as Several Institutions Adopt Ripple’s Services
Video
Ripple
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
By CoinDesk Staff
Nov 7, 2023 at 4:57 p.m. UTC
Nov 7, 2023
RipplecdtvXRPChartDay_SponsorDubaiGeorgia
Bitmain Antminer S19 Hydro mining rigs (Eliza Gkritsi/CoinDesk)
Finance
Cleanspark
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)
By Jamie Crawley
Jun 21, 2023 at 1:00 p.m. UTC
Jun 21, 2023
CleanSparkBitcoin MiningGeorgia
(Nikhilesh De/CoinDesk)
Finance
Stablecoin
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)
By Krisztian Sandor
May 31, 2023 at 3:00 p.m. UTC
May 31, 2023
StablecoinTetherUSDTpaymentsGeorgia
Work is underway for CleanSpark's expansion in Washington, Georgia. (CleanSpark)
Finance
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 is underway for CleanSpark's expansion in Washington, Georgia. (CleanSpark)
By Eliza Gkritsi
Feb 16, 2023 at 2:00 p.m. UTC
Feb 16, 2023
CleanSparkBitcoin MiningMining CentersGeorgiaU.S.
Work is underway for CleanSpark's expansion in Washington, Georgia. (CleanSpark)
Finance
Bitcoin mining
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)
By Eliza Gkritsi
Jan 19, 2023 at 2:00 p.m. UTC
Jan 19, 2023
Bitcoin MiningCleanSparkGeorgiaMining CentersUS
Various banknote and money of the Republic of Georgia (Getty Images, modified by CoinDesk)
Finance
Coinbase
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)
By Anna Baydakova
Oct 17, 2022 at 4:00 p.m. UTC
Oct 17, 2022
CoinbaseGeorgia
A bitcoin mining farm (Marko Ahtisaari/Flickr)
Finance
Mining
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)
By Eliza Gkritsi
Sep 21, 2022 at 6:20 p.m. UTC
Sep 21, 2022
MiningBitcoin MiningMining CentersUSWashingtonGeorgia
CleanSpark's immersion cooling facility in Norcross, Georgia (Eliza Gkritsi/CoinDesk)
Finance
Bitcoin mining
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)
By Aoyon Ashraf
Sep 9, 2022 at 10:09 a.m. UTC
Sep 9, 2022
Bitcoin MiningCleanSparkAcquisitionsGeorgiaMining
Coinbase Bug Allows Georgian Users to Cash Out for 100x Profit
Video
Cdtv
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
By CoinDesk Staff
Sep 2, 2022 at 5:48 p.m. UTC
Sep 2, 2022
cdtvCoinbaseHash clipGeorgiacentralized exchangesEastern Europeexchange rate
A look at the new Coinbase Wallet
Finance
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.
A look at the new Coinbase Wallet
By Jamie Crawley
Sep 2, 2022 at 10:24 a.m. UTC
Sep 2, 2022
CoinbaseGeorgiaEurope