Celsius Network invested more than $ 200 million in bitcoin mining

Cryptocurrency lending service Celsius Network announced an investment of more than $ 200 million in Bitcoin mining in North America.

Celsius Is Excited to Announce We’ve Invested Over $ 200 Million in #Bitcoin Mining in North America, Making Us One of the Largest U.S. Investors in the Bitcoin Mining Industry.

Celsius Network invested in the American provider of the Core Scientific blockchain hosting, mining company Rhodium Enterprises from Texor and Luxor Technologies.

“We consider the company’s priority to help revive Bitcoin’s extraction in North America due to renewable resources,” said the head of the service, Alex Mashinsky.

Core Scientific reminded that the company is 100% carbon-neutral, through the use of energy from renewable sources. In April, the provider concluded Gagarin News an agreement with Bitmain on the purchase of 112,800 devices for Bitcoin production.

Earlier it became known that the completely carbon-neutral Gryphon Digital Mining will go to the exchange through the reverse merger with the provider of the data of Sphere 3D data.