Peter Wall News

09.07 / 02:19

Mining Report Bitcoin Marathon Marathon Digital attributes 21% decline in Bitcoin mined to adverse weather conditions

Bitcoin mining company Marathon Digital has linked its recent slump in Bitcoin’s mined in June to the weather conditions in Texas and a drop in transaction fees.

09.02 / 13:35

business Blockchain Mining Bitcoin Argo CEO follows resignation trend after company acquisition by Galaxy Digital

The cryptocurrency miner Argo continues to undergo a series of company changes in light of its major acquisition and newly filed lawsuit.

29.12 / 14:01

Mining Investment Galaxy Digital Bitcoin Miner Novogratz's Galaxy Digital Invests $100 Million to Prevent Argo Bitcoin Miner Firm Bankruptcy

Galaxy Digital, Michael Novogratz's crypto-focused financial services firm will buy Argo's Helios Bitcoin (BTC) mining facility and provide an additional $35 million loan to help with restructuring efforts.

26.07 / 17:18

education Texas Bitcoin Crypto miners Texas a Bitcoin ‘hot spot’ even as heat waves affect crypto miners

Record-breaking heat waves are being documented across the world as extreme weather is worsening due to climate change. States throughout America are continuing to see temperatures rise above 100 degrees Fahrenheit (38 degrees Celsius), while the United Kingdom recently saw temperatures reach 104 degrees Fahrenheit (40 degrees Celsius).

07.07 / 22:35

business Mining Bitcoin reports Another miner cashes in: Argo Blockchain reports selling 637 BTC to pay debts

Argo Blockchain has joined crypto mining firms including Bitfarms, Core Scientific, and Riot Blockchain in selling part of its Bitcoin holdings.

22.03 / 12:33

Bitcoin news crypto mining Bitcoin Bitcoin miners want to recast themselves as eco-friendly

But unlike other bitcoin mining operations, which consume large quantities of fossil fuels and produce carbon emissions, Argo claims it's trying to do something environmentally responsible. As Peter Wall, Argo's chief executive, led a tour of the 126,000-square-foot construction site one morning this month, he pointed to a row of wind turbines a few miles down the road, their white spokes shining in the sunlight. The new facility, an hour outside Lubbock, would be fueled mostly by wind and solar energy, he declared. «This is bitcoin mining nirvana,, Wall said. „You look off into the distance and you've got your renewable power.

30.01 / 18:45

Blockchain IPO Texas Bitcoin Bitcoin miners believe global hash rate to grow ‘aggressively’

Bitcoin (BTC) seems to be on everyone’s mind lately as the world recently witnessed the price of BTC take a rather unexpected bearish turn this month. On January 21, 2022, Bitcoin reached six-month lows, sinking below $40,000 for the first time in months.

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