Tag: Genesis Mining

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Genesis Digital Assets opens three new facilities in South Carolina in US expansion

The company has 400 MW of capacity spread across three continents, but most of its power is concentrated in Texas. Bitcoin miner Genesis Digital Assets (GDA) announced on Aug. 1 that it has launched three new data centers in the American state of South Carolina. The facilities came online in February and March. The facilities…
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Shock survey suggests most investors think Bitcoin won’t top $50K by 2030

A survey from Genesis Mining has found that most Bitcoin investors aren’t expecting a $50,000 BTC price in 2030 — although 3.5% of respondents tipped prices exceeding $500,000. British Virgin Islands-based institutional mining platform, Genesis Mining, has published the findings from a survey of 1,000 current and former U.S.-based Bitcoin investors — two-thirds of whom…
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Genesis Mining: If Economic Crisis Deepens Bitcoin Will Shine as the New Gold

The head of operations at Genesis Mining thinks the value of Bitcoin as a hedge against banks may grow in face of economic meltdown. Philip Salter, head of operations at Genesis Mining, believes that economic meltdown may lead to a growing value for Bitcoin as a hedge against the banks. In the last couple of…
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