Hive said it would likely not be able to meet the development conditions for the project without tax relief on electricity.
As mining regulations loom, Iranian bitcoiners are stuck in compliance purgatory – facing fines and even jail.
Bitcoin's price jump has juiced demand for new mining equipment, with some models on backlog until October.
Kodak has licensed its name to a new bitcoin mining product.
In a US first, Montana's state government is providing public funds to support a local bitcoin mining firm as part of an effort to fuel job creation.