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Cloud mining is the process of cryptocurrency mining utilizing a remote data center with shared processing power. [1] Cloud mining has been used by ransomware groups and scammers to launder cryptocurrency. [2] This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware.
The Kodak KashMiner was a Bitcoin mining computer that was displayed at Kodak's booth at the Consumer Electronics Show in January 2018. It was promoted by Spotlite USA, who had previously licensed the Kodak name for Kodak-branded LED lighting. [1] The initiative was not endorsed by Eastman Kodak. [2]
Schramm, Inc. is a privately held manufacturer of mobile, top-head hydraulic drilling rigs and related equipment for the global mining, energy, and water well industries. [1] [2] In October 2019, it was acquired by GenNx360 Capital Partners. [3] It is headquartered in West Chester, Pennsylvania in the United States. Schramm affiliated sales ...
Mining drilling rigs are used for two main purposes, exploration drilling which aims to identify the location and quality of a mineral, and production drilling, used in the production-cycle for mining. Drilling rigs used for rock blasting for surface mines vary in size dependent on the size of the hole desired, and is typically classified into ...
Precision Drilling Ltd. was founded in 1951. [3]In 1987, Precision Drilling was acquired by Cypress Drilling, led by president Hank Swartout, in a reverse takeover which left the company with a fleet of 19 rigs. [4]
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The WABCO 3200 was a rare example of a tri-axle haul truck configuration A medium sized haul truck, the 214-short-ton (194 t; 191-long-ton) Caterpillar 789 [1]. Most haul trucks have a two-axle design, but two well-known models from the 1970s, the 350T Terex Titan and 235T WABCO 3200/B, had three axles.
Zapata Off-Shore accepted an offer from an inventor, R. G. LeTourneau, for the development of a mobile but secure drilling rig. Zapata advanced him $400,000, which was to be refundable if the completed rig did not function, followed by an additional $550,000 together with 38,000 shares of Zapata Off-Shore common stock when it did.
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