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DMG and Argo to Launch a Clean Energy-Focused Bitcoin Mining Pool

The blockchain and crypto firm DMG Blockchain Solutions has revealed a partnership with the crypto asset mining business Argo Blockchain. The two firms have decided to launch a bitcoin mining pool that’s focused on leveraging clean energy resources. DMG Blockchain Solutions (TSX-V: DMGI) and Argo Blockchain Plc (LSE: ARB) have recently entered into a Memorandum of Understanding to establish Terra Pool. The new bitcoin mining pool aims to utilize clean energy resources and will combine both DMG’s and Argo’s hashrate that uses hydroelectric-power. In recent months, bitcoin (BTC) mining and all proof-of-work (PoW) mining, in general, has been criticized for…

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Hut 8 Joins Foundry USA Bitcoin Mining Pool

As one of North America’s largest institutional bitcoin mining operations, Hut 8 is bringing 14,400 mining rigs to the U.S.-based pool. Hut 8 Mining Corp., one of North America’s largest institutional bitcoin miners, announced today that it will be joining the Foundry USA Pool, becoming the largest bitcoin mining operation to do so. “Hut 8 has added a portion of its total fleet; 14,400 bitcoin mining machines, and over 0.81 exahashes of compute power to Foundry USA Pool,” according to a press release sent to Bitcoin Magazine. Foundry USA Pool, run by Digital Currency Group’s (DCG) wholly-owned subsidiary Foundry LLC,…

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