{"id":43777,"date":"2021-06-04T17:18:15","date_gmt":"2021-06-04T14:18:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=43777"},"modified":"2025-08-31T13:52:00","modified_gmt":"2025-08-31T10:52:00","slug":"celsius-network-invested-more-than-200-million-in-bitcoin-mining","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/celsius-network-invested-more-than-200-million-in-bitcoin-mining\/","title":{"rendered":"Celsius Network Invested More Than $200 Million in Bitcoin Mining"},"content":{"rendered":"<p>The Celsius Network, a cryptocurrency-lending service, announced an investment of more than $200 million in Bitcoin mining in North America.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Celsius is excited to announce we\u2019ve invested over $200 million in <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a> mining in North America, making us one of the largest U.S. investors in the Bitcoin mining industry.<\/p>\n<p>Read more\ud83d\udd25 \u2b07\ufe0f <a href=\\\"https:\/\/t.co\/GdI0NHWYHh\\\">https:\/\/t.co\/GdI0NHWYHh<\/a><\/p>\n<p>\u2014 Celsius (@CelsiusNetwork) <a href=\\\"https:\/\/twitter.com\/CelsiusNetwork\/status\/1400808007206850564?ref_src=twsrc%5Etfw\\\">June 4, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The Celsius Network invested in the American blockchain-hosting provider Core Scientific, the Texas-based Rhodium Enterprises mining company, and software developer Luxor Technologies.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cWe see it as the company\u2019s priority to help revive Bitcoin mining in North America through renewable energy sources,\u201d said Celsius Network\u2019s chief executive Alex Mashinsky.<\/p>\n<\/blockquote>\n<p>Core Scientific noted that the firm is 100% carbon-neutral, thanks to the use of energy from renewable sources. In April the provider signed <a href=\"https:\/\/u1f987.com\/en\/news\/core-scientific-to-acquire-112800-bitcoin-miners-from-bitmain\">an agreement with Bitmain to purchase 112,800 devices<\/a> for Bitcoin mining.<\/p>\n<p>Earlier, the Nasdaq-listed company <a href=\"https:\/\/u1f987.com\/en\/news\/the9-to-acquire-the-green-mining-company-montcrypto\">The9 announced the acquisition of the \u201cgreen\u201d mining company Montcrypto<\/a>.<\/p>\n<p>Earlier it became known that fully carbon-neutral <a href=\"https:\/\/u1f987.com\/en\/news\/green-focused-gryphon-digital-mining-to-go-public-via-reverse-merger\">Gryphon Digital Mining will go public<\/a> via a reverse merger with data-management provider Sphere 3D.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Celsius Network, a cryptocurrency-lending service, announced an investment of more than $200 million in Bitcoin mining in North America.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1348,1137,26],"class_list":["post-43777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-celsius-network","tag-cryptocurrency-mining","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=43777"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43777\/revisions"}],"predecessor-version":[{"id":43778,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43777\/revisions\/43778"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=43777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=43777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=43777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}