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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Bit Digital Signs Partnership with BitMine to Host 7,000 ASIC Miners

Bit Digital has signed on with BitMine to buy ASIC miners that use oil cooled immersion technology to create a highly efficient environment for heat dissipation, provide superior mining production, and machine longevity.

by Nicholas Otieno
Apr 06, 2022

CRYPTOCURRENCY

Bit Digital Signs Partnership with BitMine to Host 7,000 ASIC Miners

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