BTC Guild Shutting Down, May be Sold

An announcement was posted to the website of the BTC Guild website stating their intention to shut down. Key dates include November 30th, the day they will shut down their mining servers and January 15th the deadline to withdraw coins from their service. In an update to their announcement they float the possibility of being sold and continuing operations. Note that if sold they do not plan to transfer mining history or balances to the new owners. Continue reading

Dell Sells Excess Capacity To Bitcoin ASIC Miners

Contracts that are short and cheap, provide huge capacity and room to grow quickly are just some of the requirements that bitcoin miners demand from data centres. But these needs are not met by the type of product that your typical colocation company provides. On the other hand, it's nothing new that some companies find themselves with more space than required but what is new is that now, that excess capacity is being used for bitcoin ASIC hosting. Continue reading