3K+ Bit Digital hosting partner's crypto miners go offline after explosion and fire By Cointelegraph

3K+ Bit Digital hosting partner's crypto miners go offline after explosion and fire

Cryptocurrency May 21, 2022 05:40PM ET

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3K+ Bit Digital hosting partner's crypto miners go offline after explosion and fire

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.

In a Thursday announcement, Bit Digital said a substation in Niagara Falls was damaged by “an explosion and subsequent fire,” 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.

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3K+ Bit Digital hosting partner's crypto miners go offline after explosion and fire

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