Bitcoin miner digihost completes controversial power plant acquisition

02/08 12:47

According to Coindesk, almost two years after first announcing the planned acquisition of a natural gas power plant in the state of New York, bitcoin mining firm Digihost (DGHI) said it has completed the purchase. The Toronto-based firm was able to pay for the plant with cash, so avoided taking on debt or diluting existing shareholders' equity, CEO Michel Amar said in a Wednesday press release. The plant is capable of generating 60 MW, bringing the firm's energy capacity to 100 MW, or about 2 exahash/second (EH/s) of mining computing power.

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