Tag: Layer1

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Peter Thiel Invests in Bit Panda, Offers More Than $50 Million

Bit Panda in Vienna, Austria recently emerged with several additional funds under its wing, and it’s been revealed that much of that money came...

Bitcoin Mining Firm Layer1 Is Selling Its Excess Electric Power

The coronavirus pandemic has proven rather devastating to the bitcoin mining community. Many have had to shut themselves down given that they are not...

Greenidge Generation Extracts Lots of BTC in Upstate New York

A power plant in upstate New York known as Greenidge Generation says it’s mining up to $50,000 in new bitcoins each day. Greenidge Has the...

Layer1 Technologies, a BTC Mining Company, Officially Opens for Business

Layer1 Technologies – a bitcoin mining startup operating in West Texas – has opened its doors for business. Layer1: We Want to Compete with China The...

Peter Thiel Invests in Layer1; Looks to Boost U.S. BTC Mining Presence

For many people, i.e. Warren Buffett, bitcoin and cryptocurrency are two things that should be avoided at all costs. For others however, like billionaire...