News

Andreessen Horowitz to Close UK Office as US Warms to Crypto

(Bloomberg) -- Andreessen Horowitz will close down its UK office a little over a year after it opened, as it plans to focus on its home market under the crypto-friendly stance of US President Donald Trump. Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHow Sanctuary Cities Are Preparing for Another Showdown With TrumpHoboken PATH Station Will Close for Almost a Month

AgriFORCE Growing Systems acquires bitcoin mining facility in Ohio for $4.5M

AgriFORCE Growing Systems (AGRI) announced the acquisition of a 5 MW bitcoin mining facility located in Columbiana County, Ohio purchased for $4.5M in cash. Powered by 5 MW of natural gas energy, the facility is currently operational with over 900 bitcoin mining units and has the capacity to scale up to 1,200 units. Utilizing energy derived from flare natural gas, the facility not only generates consistent revenue but also minimizes its environmental footprint. Plans are in place to enhance oper