{"id":450256,"date":"2022-05-20T22:45:00","date_gmt":"2022-05-20T19:45:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/3k-bit-digital-hosting-partners-crypto-miners-go-offline-after-explosion-and-fire\/"},"modified":"2022-05-20T22:45:00","modified_gmt":"2022-05-20T19:45:00","slug":"3k-bit-digital-hosting-partners-crypto-miners-go-offline-after-explosion-and-fire","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/3k-bit-digital-hosting-partners-crypto-miners-go-offline-after-explosion-and-fire\/","title":{"rendered":"# 3K+ Bit Digital hosting partner&#8217;s crypto miners go offline after explosion and fire"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a35d2450fc42\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a35d2450fc42\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/3k-bit-digital-hosting-partners-crypto-miners-go-offline-after-explosion-and-fire\/#%E2%80%9D_3K_Bit_Digital_hosting_partners_crypto_miners_go_offline_after_explosion_and_fire_%E2%80%9C\" >&#8221; 3K+ Bit Digital hosting partner&#8217;s crypto miners go offline after explosion and fire &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_3K_Bit_Digital_hosting_partners_crypto_miners_go_offline_after_explosion_and_fire_%E2%80%9C\"><\/span>&#8221; 3K+ Bit Digital hosting partner&#8217;s crypto miners go offline after explosion and fire &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvNDQyNjI5NzMtNDZkYS00MjhiLWE4MGUtNjRlZDhlMjM4NmM1LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>New York-headquartered crypto mining firm Bit Digital reported two of its hosting partners ceased operations to more than 4,800 rigs following power disruptions at different facilities.\u00a0<\/p>\n<p>In a Thursday announcement, Bit Digital <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/bit-digital.com\/press-releases\/bit-digital-inc-announces-interruptions-to-certain-hosting-partners-operations\/\">said<\/a> a substation in Niagara Falls was damaged by \u201can explosion and subsequent fire,\u201d necessitating its partner Blockfusion USA to take 2,515 Bitcoin (BTC) miners and 710 Ether (ETH) miners offline at the site. In addition, the mining firm reported its Digihost partner experienced a similar cut in power to a facility in North Tonawanda, New York, resulting in 1,580 crypto miners going offline. <\/p>\n<p>According to Bit Digital, the damage from the explosion and fire did not directly affect any mining rigs \u2014 just the substation providing electricity. In addition, the mining firm did not suggest any of its rigs were the cause of the accident, which was attributed to \u201cfaulty equipment owned by the power utility,\u201d and will be seeking reimbursement for the lost revenue from mining crypto.<\/p>\n<p>\u201cBlockfusion is working with its insurer and the utility to restore power as quickly as possible,\u201d said Bit Digital. \u201cOperations are hoped to resume within a few weeks, but at this time there can be no assurances as to timing.\u201d<\/p>\n<p>The mining company and its partners have six facilities across the United States, with three in New York and one each in Texas, Nebraska and Georgia. With the roughly 4,805 rigs offline, Bit Digital reported its operating hash rate had dropped 46.8%.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Protesters burn Bitcoin ATM as part of demonstration against El Salvador president<\/em><\/strong><\/p>\n<p>Publicly traded on the Nasdaq stock exchange, the price of Bit Digital shares <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/btbt\">fell<\/a> more than 6% over the last 24 hours to reach $1.59 at the time of publication. The firm has made moves toward having greener operations, reporting that 67% of its energy for mining is from renewable sources.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/3k-bit-digital-hosting-partner-s-crypto-miners-go-offline-after-explosion-and-fire\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; 3K+ Bit Digital hosting partner&#8217;s crypto miners go offline after explosion and fire &#8220; New York-headquartered crypto mining firm Bit Digital reported two of its hosting partners ceased operations to more than 4,800 rigs following power disruptions at different facilities.\u00a0 In a Thursday announcement, Bit Digital said a substation in Niagara Falls was damaged&#8230;<\/p>\n","protected":false},"author":1,"featured_media":450257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvNDQyNjI5NzMtNDZkYS00MjhiLWE4MGUtNjRlZDhlMjM4NmM1LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74989,74863,75042,117,3885],"class_list":["post-450256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-mining","tag-cryptocurrencies","tag-mining","tag-business","tag-new-york"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/450256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=450256"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/450256\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/450257"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=450256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=450256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=450256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}