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Tag: mining

Everything you need to know about crypto mining.

Crypto Miner Celsius Mining Plans to Sell $1.3 Million in Mining Devices

Reading Time: < 1 minute Mining firm Celsius Mining has recently notified the Bankruptcy Court for the Southern District of New York of the sale of equipment.

January 16, 2023January 16, 2023 Chris Smith News

Miner Argo Blockchain Plans to Sell Galaxy Digital its Texas Mining Center

Reading Time: < 1 minute Cryptocurrency miner Argo Blockchain plans to sell its data center in Texas for $65 million to Galaxy Digital and refinance loans.

December 28, 2022December 28, 2022 Tony Pearce News

Argo Blockchain Asks Nasdaq to Stop Trading its Stocks

Reading Time: < 1 minute UK-based mining company Argo Blockchain has asked Nasdaq to suspend trading its stocks until a statement today.

December 28, 2022December 28, 2022 Tony Pearce News

Kazakhstan’s Authorities to Force Crypto Miners to Pay Taxes

Reading Time: < 1 minute The lower house of the Parliament of Kazakhstan has recently adopted an amended version of the draft law “On regulation of digital assets.”

December 21, 2022December 21, 2022 Tony Pearce News

Crypto Miner Greenidge Will Sell NYDIG Mining Devices to Pay Off Debt

Reading Time: < 1 minute Mining firm Greenidge Generation has recently entered into an agreement with creditor NYDIG to sell most of its mining machines to pay off a $74 million debt.

December 21, 2022December 21, 2022 Chris Smith News

BTC Mining Difficulty Increases 3.27%

Reading Time: < 1 minute The difficulty of mining BTC has increased by 3.27% to 35.36 T after the most recent recalculation.

December 20, 2022December 20, 2022 Tony Pearce News

Nasdaq: Crypto Mining Company Bitfarms May Be Delisted

Reading Time: < 1 minute Bitfarms has recently received a notice from the Nasdaq in which it has warned the company that it might be delisted for violating its rules.

December 15, 2022December 15, 2022 Tony Pearce News

Mining Company Bitfarms Lost $85 Million in Q3 2022

Reading Time: < 1 minute Mining company Bitfarms recorded a net loss of $85 million in Q3 2022.

November 15, 2022November 15, 2022 Chris Smith News

Mining Firm Riot Blockchain Lost $36.6M in Q3 2022

Reading Time: < 1 minute Mining company Riot Blockchain has recorded a net loss of $36.6 million in the third quarter.

November 9, 2022November 9, 2022 Chris Smith News

Crypto Miner Canaan Rolls Out a New Generation of ASIC Devices

Reading Time: < 1 minute Canaan has just introduced two new models of the Avalon Made 13 series.

October 25, 2022October 25, 2022 Tony Pearce News

Mining Firm Marathon Agrees to Pay $24M to its Former CEO

Reading Time: < 1 minute The mining company has reached a settlement with its former CEO Merrick Okamoto regarding a compensation for restricted shares.

October 19, 2022October 19, 2022 Chris Smith News

Grayscale Launches a Structure for Investing in Crypto Miners

Reading Time: < 1 minute Digital asset manager Grayscale Investments has recently launched a joint investment product for crypto mining equipment amid the crypto winter.

October 7, 2022October 7, 2022 Tony Pearce News

Kazakhstan Introduces a Bill to Regulate Cryptocurrency Mining

Reading Time: < 1 minute Deputies of the Mazhilis of Kazakhstan have recently developed a bill regulating crypto mining in the country.

September 30, 2022September 30, 2022 Tony Pearce News

Mining Company Compute North Files for Bankruptcy

Reading Time: < 1 minute Cryptocurrency mining company Compute North has just filed for bankruptcy.

September 23, 2022September 23, 2022 Chris Smith News

Miner Bitdeer Acquires Jihan Wu’s Le Freeport Vault for $28M

Reading Time: < 1 minute Mining service provider Bitdeer has recently acquired physical asset storage Le Freeport in Singapore for reportedly $28.4 million.

September 20, 2022September 20, 2022 Chris Smith News

Mining Pool Poolin is Suffering Liquidity Problems

Reading Time: < 1 minute According to Kevin Pan, founder and CEO of mining pool Poolin, the company is facing a liquidity shortage, but user funds are safe.

September 6, 2022September 6, 2022 Chris Smith News

JPMorgan: Ethereum Miners Will Be Affected by The Merge Update

Reading Time: < 1 minute With the transition of Ethereum to the Proof-of-Stake (PoS) consensus algorithm, miners will have to look for alternative sources of income.

August 12, 2022August 12, 2022 Tony Pearce News

Public Crypto Mining Companies Sold a Quarter of Their BTC Reserves in June

Reading Time: < 1 minute Public crypto mining companies sold around 14,600 BTC in June.

July 19, 2022July 19, 2022 Chris Smith News

Crypto Miners Halt Operations in US State of Texas

Reading Time: < 1 minute Cryptocurrency miners have recently shut down operations in Texas amid heatwave-driven peak electricity demand.

July 13, 2022July 13, 2022 Chris Smith News

Crypto Miner Marathon Digital Mined in Q2 50% Less Than in Q1

Reading Time: < 1 minute US-based mining company Marathon Digital Holdings mined 707 BTC Q2 2022.

July 8, 2022July 8, 2022 Tony Pearce News

The BTC Reserves of Crypto Mining Firm Hut 8 Exceed 7,400 Bitcoin

Reading Time: < 1 minute At the end of June, the company held 7,406 BTC valued at $148.1M.

July 6, 2022July 6, 2022 Chris Smith News

Core Scientific Sells 7,202 BTC in June

Reading Time: < 1 minute US-based blockchain hosting provider Core Scientific sold 7,202 BTC for $167 million last month at an average price of $23,000.

July 6, 2022July 6, 2022 Chris Smith News

Bitcoin Hashrate Falls by 10% in a Few Days

Reading Time: < 1 minute Bitcoin’s price-correlated hashrate has fallen 10.25% from its peak of 234 EH/s on June 14.

June 20, 2022June 20, 2022 Chris Smith News

Mining Company Northern Data Increases Miner Fleet

Reading Time: < 1 minute German mining company Northern Data mined 295 BTC in May.

June 7, 2022June 7, 2022 Chris Smith News

Buterin Criticizes Moratorium BTC Mining in New York

Reading Time: < 1 minute Ethereum co-founder Vitalik Buterin has joined in the criticism of New York State’s moratorium on carbon-based electricity mining.

June 6, 2022June 6, 2022 Chris Smith News

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