News

Bitcoin mining company Phoenix Group has announced plans to add 52MW of cryptomining capacity to its existing site in ...
Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in ...
Phoenix Group announced, in a press release sent to Bitcoin Magazine, that it has added fifty-two megawatts of Bitcoin mining ...
Initiatives like our latest expansion in Ethiopia are pivotal steps ... operations rank among the most sustainable in global Bitcoin mining, with 90% of their energy sourced from renewable ...
Investment bank Benchmark slapped Bitcoin miner manufacturer Canaan with a "buy" rating in a Tuesday note, projecting a ...
Bitcoin mining is the process where a computer — typically using a power-hungry graphics processing unit (GPU) — updates transactions on the blockchain, validating each with a "proof of work." ...
Phoenix Group's Ethiopian operations rank among the most sustainable in global Bitcoin mining, with 90% of their energy sourced from renewable hydropower via the Grand Ethiopian Renaissance Dam. This ...