CryptoMediaClub
Tuesday, July 29, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Crypto Mining Agency BitFuFu Acquires Knowledge Middle in Oklahoma

21.02.2025
A A
0
121
VIEWS
ShareShare

Nasdaq-listed crypto mining agency BitFuFu Inc. introduced on Thursday that it acquired a majority possession stake in a 51-megawatt (MW) operational Bitcoin mining information heart in Oklahoma.

BitFuFu Acquires 51MW Operational Knowledge Middle in Oklahoma, Increasing U.S. Mining Footprint.
📈Majority stake acquisition strengthens BitFuFu’s operational scale and effectivity with low-cost energy and enhanced internet hosting capability.
⚡Internet electrical energy price at this facility may be very… pic.twitter.com/DV10qEnLfT

— BitFuFu (@BitFuFuOfficial) February 20, 2025

The transaction, valued at $400,000 per MW, was funded utilizing BitFuFu’s stability sheet money and customary inventory.

This acquisition aligns with the corporate’s technique to scale operations and improve mining effectivity.

Crypto Mining Growth and Operational Benefits

Operational since 2022, the Oklahoma-based facility leverages air-cooled container-based infrastructure to optimize effectivity and efficiency.

The power maintains a historic uptime of over 95% and advantages from a aggressive electrical energy charge of $0.03/kWh.

When utilizing AntMiner S21 XP items, BitFuFu can mine one Bitcoin for roughly $18,000, excluding miner and facility depreciation prices.

Moreover, the location features a totally built-in operations heart, serving as a basis for creating a restore hub that enhances mining effectivity.

Situated throughout the Southwest Energy Pool (SPP), a well-regulated vitality market, the ability advantages from Oklahoma’s insurance policies that assist crypto mining operations.

Legal guidelines such because the Oklahoma Industrial Digital Asset Mining Act of 2022 and the Vitality Discrimination Elimination Act present tax incentives and regulatory assist for Bitcoin mining within the state.

Scaling Crypto Mining Hashrate and Increasing Internet hosting Companies

To bolster its mining operations, BitFuFu intends to put in AntMiner S21 sequence or higher-efficiency miners on the newly acquired web site, rising its managed hashrate by over 3 exahashes per second (EH/s).

The location additionally has extra land out there for future enlargement, pending the completion of a transmission improve examine by the utility firm and SPP in mid-2025.

“We now have made vital progress towards our 1GW World Capability Growth Plan,” stated Leo Lu, Chairman and CEO of BitFuFu. “This acquisition enhances our self-mining operations, strengthens internet hosting providers, and expands our cloud mining platform. We’re excited to combine this extremely environment friendly facility into our community.”

As well as, BitFuFu has signed a framework settlement with BITMAIN to buy as much as 80,000 S-series miners, together with fashions such because the S21 XP and S21 Professional, in This autumn 2024.

⛏ Nasdaq-listed Bitcoin mining agency @BitFuFuOfficial has signed a take care of @BITMAINtech, a producer of digital asset mining {hardware}, to amass as much as 80,000 S-series miners. #BitcoinMining #BitFuFuhttps://t.co/liAvveoZWv

— Cryptonews.com (@cryptonews) January 2, 2025

This transfer is predicted to boost the effectivity of BitFuFu’s world hashrate community, reinforcing its dedication to delivering worth for purchasers and shareholders.

With this acquisition, BitFuFu broadens its presence within the Bitcoin mining sector by tapping into cost-effective vitality options and next-generation {hardware}.

The submit Crypto Mining Agency BitFuFu Acquires Knowledge Middle in Oklahoma appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

Interactive Brokers Mulls Stablecoin Launch to Serve Users
All news

Interactive Brokers Mulls Stablecoin Launch to Serve Users

29.07.2025
0

Interactive Brokers is weighing the launch of its own stablecoin, potentially deepening its involvement in digital assets as US regulations...

Read moreDetails
Crypto Price Prediction Today 28 July – XRP, Solana, Dogecoin

Crypto Price Prediction Today 28 July – XRP, Solana, Dogecoin

29.07.2025
South Korea’s Biggest Parties Roll Out Stablecoin Bills, Clash on Interest Payment Plans

South Korea’s Biggest Parties Roll Out Stablecoin Bills, Clash on Interest Payment Plans

29.07.2025
Bitcoin Faces Doomsday Scenario as Whales Exit – Bitcoin Hyper (HYPER) Rewrites the Narrative, ICO Hits $5.4M

Bitcoin Faces Doomsday Scenario as Whales Exit – Bitcoin Hyper (HYPER) Rewrites the Narrative, ICO Hits $5.4M

29.07.2025
BNB ($BNB) Bulls Charge Ahead to $843, Can Institutional Momentum Push It Higher?

BNB ($BNB) Bulls Charge Ahead to $843, Can Institutional Momentum Push It Higher?

28.07.2025
Load More
Next Post
CZ Places Crypto Wallets Forward of Exchanges as Greatest Pockets Rakes in $10.3M in Presale

CZ Places Crypto Wallets Forward of Exchanges as Greatest Pockets Rakes in $10.3M in Presale

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Tether Converts 750M USDT From Tron to Ethereum

2 years ago
XRP Price Analysis: Eyes on $0.6044 Resistance – Is a $1 Breakout Imminent?

XRP Price Analysis: Eyes on $0.6044 Resistance – Is a $1 Breakout Imminent?

10 months ago

Bitcoin is a Gambling Token: Buffett Sings the Same Old Song

2 years ago
Breaking: New Hampshire Advances Daring Bitcoin Reserve Invoice – A Large Leap for State Crypto Adoption?

Breaking: New Hampshire Advances Daring Bitcoin Reserve Invoice – A Large Leap for State Crypto Adoption?

5 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

South Korea’s Biggest Parties Roll Out Stablecoin Bills, Clash on Interest Payment Plans

Bitcoin Faces Doomsday Scenario as Whales Exit – Bitcoin Hyper (HYPER) Rewrites the Narrative, ICO Hits $5.4M

Bitcoin steadies near $114,800 but fragility risk rises as leverage climbs

BNB ($BNB) Bulls Charge Ahead to $843, Can Institutional Momentum Push It Higher?

Bitcoin Market Cycles and BTC Rallies Are Outdated

Bitcoin Price Prediction: Global Firms Pour $86B Into BTC – Could This Trigger a New “Institutional Supercycle”?

Trending

Interactive Brokers Mulls Stablecoin Launch to Serve Users
All news

Interactive Brokers Mulls Stablecoin Launch to Serve Users

29.07.2025
0

Interactive Brokers is weighing the launch of its own stablecoin, potentially deepening its involvement in digital assets...

Crypto Price Prediction Today 28 July – XRP, Solana, Dogecoin

Crypto Price Prediction Today 28 July – XRP, Solana, Dogecoin

29.07.2025
BlackRock’s ETHA becomes 4th-largest ETF by 30‑day inflows as Ethereum funds aim for $10B

BlackRock’s ETHA becomes 4th-largest ETF by 30‑day inflows as Ethereum funds aim for $10B

29.07.2025
South Korea’s Biggest Parties Roll Out Stablecoin Bills, Clash on Interest Payment Plans

South Korea’s Biggest Parties Roll Out Stablecoin Bills, Clash on Interest Payment Plans

29.07.2025
Bitcoin Faces Doomsday Scenario as Whales Exit – Bitcoin Hyper (HYPER) Rewrites the Narrative, ICO Hits $5.4M

Bitcoin Faces Doomsday Scenario as Whales Exit – Bitcoin Hyper (HYPER) Rewrites the Narrative, ICO Hits $5.4M

29.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz