Bhutan to increase Bitcoin mining operations sixfold ahead of halving

2024-4-6 11:02

Bhutan and Bitdeer are set to expand Bitcoin mining capacity amid halving concerns, aiming to expand the nation’s mining capacity by 500 megawatts by 2025. Bhutan‘s investment arm, Druk Holding & Investments (DHI), is gearing up to boost its mining…

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Источник: btcmanager.com

mining bhutan → Результатов: 11

Bhutan’s Bitcoin Holdings Revealed: Kingdom Owns $780M in BTC from Mining

Bhutan’s growing Bitcoin empire revealed, with over $780 million in BTC acquired through extensive mining operations powered by the nation’s renewable energy resources.

2024-9-16 19:42	Mining
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Bitdeer completes its Bhutan mining facility

Crypto cloud mining service platform Bitdeer has completed the construction of its new mining facility in Bhutan. The company explained that at the end of July, they had acquired approximately 23,000 newly purchased mining machines, with 7,000 additional machines currently…

2023-8-8 16:38	Mining
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Bitcoin Mining Facility In Bhutan Is Completed, Confirms Bitdeer

In a significant move underscoring the growing importance of sustainable energy sources in Bitcoin mining, Singapore-based Bitdeer Technologies Group (NASDAQ: BTDR) has announced the completion of its state-of-the-art mining facility in the Kingdom of Bhutan.

2023-8-8 12:25	btcusd
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Bitdeer Launches Fund For Bitcoin Mining Operations In Bhutan

Bitdeer, a Bitcoin mining company headquartered in Singapore, has launched a closed-end fund to invest in the Bitcoin mining industry in Bhutan. This represents a part of the firm’s efforts to expand its mining operations in the South Asian country.

2023-7-29 16:40	BTC
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Bitdeer pushes crypto mining expansion with new Norway, Bhutan data centers

Bitcoin cloud mining and mining services company, Bitdeer Technologies Group, has released operational updates for June 2023, highlighting continued efforts to expand infrastructure and increase the managed hash rate.

2023-7-10 14:40	Mining
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Bitdeer Partners With Druk Holding & Investments For Bitcoin Mining Operation In Kingdom Of Bhutan

The mining operations will be “carbon-free” according to the firms and the first expansion by Bitdeer into Asia.

2023-5-4 00:54	Business
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Bhutan partners with Bitdeer and seeks to raise $500m

The Singapore-based cloud mining company Bitdeer has partnered with Bhutan’s investment arm to raise $500 million. Per a Bloomberg report, the funds will be used to develop carbon-free crypto-mining infrastructure in the Himalayan country. The CEO of DHI, Ujjwal Deep…

2023-5-3 14:12	Singapore
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Bitdeer expands to Bhutan, expects to raise $500M

Bitcoin (BTC) miner Bitdeer has partnered with Bhutan’s state-owned investment company Druk Holding and Investments (DHI), to build carbon-free digital asset mining operations in the Kingdom of Bhutan.

2023-5-3 12:33	BTC
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Bitdeer to Raise $500M for Bhutan Crypto Mining Operations in Deal With Government

Bitdeer said the agreement marks "a crucial expansion into Asia" and expects fundraising efforts to commence this month.

2023-5-3 11:48	Asia
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Inside Bhutan’s secretive Bitcoin mining operation

Bhutan's clandestine entry into the world of cryptocurrency mining has recently come to light, raising many questions about the depth of its involvement. Druk Holding & Investments, the state-owned holding company, has confirmed its foray into the mining space, but what has driven this secretive mission? The answer lies in the country's ambitious plans to finance its fourth industrial revolution and the unexpected role of the pandemic in triggering these efforts.

2023-5-1 19:31	Mining
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Bhutan spends 5% of its GDP on mining bitcoin

Concealed amidst the grandeur of the Himalayas, Bhutan, the quaint nation, harnesses its plentiful hydroelectric capabilities, comprising 30% of its GDP, to electrify the households of nearly all its 800,000 inhabitants.

2023-5-1 12:32	Regulation
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QCP Capital expects new institutional influx as Nasdaq debuts Bitcoin ETF options

BlackRock’s Bitcoin ETF options debut on Nasdaq is set to bring a new “wave of institutional investors” to the crypto market, analysts at QCP Capital say. Options on the iShares Bitcoin Trust could attract a new “wave of institutional investors,”…

OKX launches zero-fee Singapore dollar transfers via PayNow, FAST

Cryptocurrency exchange OKX now enables customers to deposit and withdraw Singapore dollars without any fees via PayNow and Fast and Secure Transfers. Crypto exchange OKX said in a press release on Monday, Nov.

AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike 50%

Singapore-based artificial intelligence company Genius Group said it has adopted bitcoin as its primary treasury asset, committing 90% of its current and future reserves to be held in the largest cryptocurrency.

German central bank joins Singapore’s Project Guardian

Deutsche Bundesbank partners with MAS in Project Guardian to advance asset tokenisation.

Deutsche Bundesbank joins Singapore’s Project Guardian to boost asset tokenization

Germany’s Deutsche Bundesbank has joined Project Guardian, a collaborative initiative by the Monetary Authority of Singapore, to advance asset tokenization. Deutsche Bundesbank, the central bank of Germany, has joined Singapore‘s Project Guardian, an initiative between policymakers and the financial industry…

Coinbase debuts engineering hub in Singapore to empower local crypto community

Crypto exchange Coinbase has unveiled a new initiative in Singapore to foster the local developer ecosystem. Coinbase is doubling down on Singapore with a new engineering hub aimed at supporting local developers and expanding its presence in the Asia-Pacific region.…

Bitcoin-based exSat Network launches staking services

Bitcoin network scaling solution exSat Network has launched staking services just under two weeks after its mainnet launch. Singapore-based scaling startup exSat Network is launching staking services for Bitcoin (BTC) holders, aiming to create “new financial opportunities.” In a Nov.…

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2024-4-6 11:02

mining bhutan → Результатов: 11

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