Coal Miner Alliance Resource Dabbles In Crypto Mining, Mines 425 BTC
Briefly

In the second half of 2020, we started mining bitcoin as a pilot project to monetize the already paid-for yet underutilized electricity load at our River View mine. - Cary Marshall
at the end of the quarter, the company had 425 bitcoins on its balance sheet - which it is valuing at $30 million - and after factoring in the net costs of property, plant, and equipment, it was up $7.3 million. - Cary Marshall
We do have some extra capacity that we're renting out to other bitcoin miners within the data center that we've effectively built for this bitcoin mining to take advantage of the low energy costs we have. - Cary Marshall
In the grand scheme of things, ARLP's bitcoin on the balance sheet holdings are relatively small compared to other companies. - BitcoinTreasuries.net
Read at Coindesk
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