Category: Stronghold Digital Mining

US miner raises $105M to recycle waste coal into crypto

US miner raises $105M to recycle waste coal into crypto

The Pennsylvania-based Stronghold Digital Mining has announced the completion of two private equity securities raises worth $105 million. According to an announcement shared with Cointelegraph, the firm’s first power generation facility, the Scrubgrass Generation Plant in Venango County, converts waste coal into energy on a scale equivalent to “a large-scale hydropower plant” that is then […]

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