Riot extends Bitcoin selling spree with fresh 500 BTC move is back at it, sending another 500 BTC — roughly $39 million — to an NYDIG deposit address. For one of the biggest public Bitcoin miners on the planet, that’s a loud reminder that post-halving economics are forcing miners to treat BTC less like untouchable […]
Read Full Article
Alcoa’s Massena Smelter Sale to NYDIG: Bitcoin Mining’s Industrial Takeover Alcoa, a giant in the aluminum sector, is hammering out a deal to sell its shuttered Massena East smelter site in upstate New York to New York Digital Investment Group (NYDIG), a powerhouse in Bitcoin financial services. Slated to close by mid-2025, this transaction isn’t […]
Read Full Article
Alcoa Nears Deal to Sell Idle New York Smelter to NYDIG for Sustainable Bitcoin Mining Bitcoin mining’s relentless thirst for power is resurrecting industrial relics, and Alcoa’s long-dormant Massena East smelter in upstate New York could be the next to get a digital makeover. The largest aluminum producer in the U.S. is in advanced talks […]
Read Full Article
Bitcoin Mining Disaster: Fire Shuts Down Greenidge Facility, Impacting NYDIG Rigs A catastrophic fire sparked by an electrical malfunction has forced a complete shutdown of Bitcoin mining operations at Greenidge Generation’s facility in Dresden, New York, on November 23, 2025. This incident has not only halted the plant’s massive 106-megawatt power capacity but also disrupted […]
Read Full Article
Riot Platforms Sells $38 Million in BTC: Navigating the Balance Between Operations and Confidence Riot Platforms, a North American Bitcoin mining giant, recently sold 475 BTC for $38.8 million to the institutional crypto custodian NYDIG, alongside an additional 12 BTC from their reserves. These transactions have sparked curiosity and speculation within the crypto community, raising […]
Read Full Article
Could Tokenized Gold Give Bitcoin A Boost? NYDIG Thinks So NYDIG proposes tokenizing U.S. gold reserves to enhance transparency, potentially benefiting Bitcoin by showcasing blockchain’s practical applications. NYDIG suggests tokenizing U.S. gold for transparency Bitcoin Strategic Reserve (SBR) and budget-neutral strategies discussed Rand Paul and Elon Musk call for increased auditing of gold reserves In […]
Read Full Article