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Power Plants

The Digihost power plant in North Tonawanda, New York. (Eliza Gkritsi/CoinDesk)
Finance
Sustainability
Bitcoin Miner Digihost Completes Controversial Power Plant Acquisition, Doubling Energy Capacity
Environmental groups oppose the transaction on the grounds that it impedes New York's greenhouse gas emissions goals.
The Digihost power plant in North Tonawanda, New York. (Eliza Gkritsi/CoinDesk)
By Eliza Gkritsi
Feb 8, 2023 at 11:58 a.m. UTC
Feb 8, 2023
sustainabilityNew YorkPower PlantsAcquisitions
Compass' Wolf Hollow site in Granbury, Texas (Compute North)
Finance
Compass mining
Compass Mining Teams Up With Compute North for 75MW Site in Texas
The struggling bitcoin mining hosting firm recently laid off 15% of its staff.
Compass' Wolf Hollow site in Granbury, Texas (Compute North)
By Michael Bellusci
Jul 20, 2022 at 7:08 p.m. UTC
Jul 20, 2022
Compass MiningBitcoin MiningTexasPower Plants
Marathon Digital CEO Fred Thiel (CoinDesk)
Finance
Marathon digital
Marathon Digital Bitcoin Production Weaker Than Hoped in May
The company continues to "HODL" all of its mined bitcoin, with 9,941 coins worth $315.1 million on its balance sheet as of June 1.
Marathon Digital CEO Fred Thiel (CoinDesk)
By Michael Bellusci
Jun 9, 2022 at 9:25 p.m. UTC
Jun 9, 2022
Marathon DigitalMiningPower PlantsEnergy
Stronghold Digital Mining CEO Greg Beard (right) and co-Chairman Bill Spence (left). (Stronghold Digital Mining)
Finance
Bitcoin
DA Davidson Cuts Miner Stronghold’s Target by 40% Ahead of Earnings
The stock is still “super cheap” compared to other mining peers, analyst says.
Stronghold Digital Mining CEO Greg Beard (right) and co-Chairman Bill Spence (left). (Stronghold Digital Mining)
By Aoyon Ashraf
Mar 29, 2022 at 2:04 p.m. UTC
Mar 29, 2022
BitcoinBitcoin MiningPower PlantsEnergyMinersEarningsAnalyst RatingsStronghold Digital Mining
The New York State Capitol building
Policy
Proof-of-work
New York State Senate Approves Watered-Down Bill Targeting Bitcoin Mining Emissions
The bill, which originally sought to freeze all “cryptocurrency mining centers” in New York for up to three years, heads to the Assembly with a more tailored focus.
The New York State Capitol building
By Danny Nelson
Jun 9, 2021 at 3:01 a.m. UTC
Jun 9, 2021
Proof-of-WorkNew York StateGreenidgePower PlantsMining Centers