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Bitcoin Miner Argo Blockchain Purchases Hydro-Powered Data Centers in Canada
The two facilities are powered almost entirely by hydroelectricity, the firm said.
Автор Jamie Crawley
Argo Blockchain, a U.K.-listed cryptocurrency mining company, has purchased two data centers in the Canadian province of Quebec to support its “green mining vision.”
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- The data centers, with a combined 20 megawatts, are powered almost entirely by hydroelectric energy, Argo said Thursday.
- The centers already house a "significant proportion" of the firm's mining equipment.
- The purchase gives Argo greater control over the facilities in which it conducts its operations, it said.
- Detailed terms of the mostly non-cash acquisition were not disclosed, but consisted mainly of the assumption of existing bank obligations and the application of a previously paid deposit.
- In March, Argo acquired land in Texas for the construction of a new mining center by buying New York firm DPN.
See also: Argo Blockchain, DMG to Launch Clean Energy Bitcoin Mining Pool
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Cascade Unveils 24/7 Neo-Brokerage Offering Perpetuals on Cryptos, U.S. Stocks
The platform will let retail traders use one margin account to trade round-the-clock perpetual markets.
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- Cascade has introduced a 24/7 brokerage-style app for perpetual markets spanning crypto, U.S. equities and private-asset exposure.
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- The company has raised $15 million from investors including Polychain Capital, Variant and Coinbase Ventures.
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