After China’s Bitcoin Mining Ban, Bitcoin Is Stronger Than Ever

October 31, 2023

China’s Bitcoin mining ban shut down the whole industry and scattered Bitcoin miners to the winds. It’s been two years now – and it should be said that Bitcoin and the hash power built on securing it is stronger than ever. In a twist of fate for the discussions about bitcoin’s environmental impact, it’s also highly likely that shifting from China’s energy mix has helped make Bitcoin more “green” – and emit fewer carbon emissions.

Texas Is Now the Top US Bitcoin Mining Spot: Foundry

September 26, 2023

The Lone Star State of Texas is now the number-one U.S. state for Bitcoin mining, dwarfing rivals by hosting a whopping 28.5% of the nation’s hash rate. The estimate comes from Foundry, the world’s largest Bitcoin mining pool, which aggregated and published data sourced directly from its users. Back in 2021, the firm estimated that the Texas hash rate share was 8.4%.

Foundry Director of Economic and Community Development Adrian Hale Named 2023 IGNITE Award Recipient

August 3, 2023

PRNewswire: Foundry Digital LLC (“Foundry”), a digital asset mining and staking company focused on empowering a decentralized infrastructure, announced that the Greater Rochester Chamber of Commerce honored Foundry’s Director of Economic and Community Development Adrian Hale with the IGNITE Award. The award celebrates young professionals who strive toward the highest levels of personal and professional accomplishment, who excel in their chosen field, devote time and energy to their community in a meaningful way, and forge paths of leadership for others to follow.

Bitcoin Is on the Ballot in 2024

July 25, 2023

A series of Bitcoin-related statements and policy announcements show how politicians are paying greater attention to crypto this campaign season. Crypto-skeptics, in particular, should pay attention lest they come across as anti-innovation. Authored by Kyle Schneps, this story is part of CoinDesk’s Mining Week 2023.

Stronghold Digital Mining Strengthens Financial Position through Credit Agreement Amendment and Two-Year Foundry Hosting Agreement

February 7, 2023

GLOBE NEWSWIRE: Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) today announced that it, its affiliate, Stronghold Digital Mining Holdings, LLC (“Borrower”), and each subsidiary of Borrower have entered into an agreement (the “Amended Credit Agreement”) to substantially amend its credit agreement dated October 27, 2022 (the “Original Credit Agreement”) with Whitehawk Finance LLC and/or its affiliates or designees and the other lenders from time to time party hereto (collectively, the “Lenders”) and Whitehawk Capital Partners LP as collateral agent for the Lenders and as administrative agent for the Lenders.