Tag: mining
Everything you need to know about crypto mining.
Mining Company Compute North Files for Bankruptcy
Reading Time: < 1 minute Cryptocurrency mining company Compute North has just filed for bankruptcy.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Mining Company Northern Data Increases Miner Fleet
Reading Time: < 1 minute German mining company Northern Data mined 295 BTC in May.
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.
Celsius Mining to Go Public
Reading Time: < 1 minute Mining company Celsius Mining has secretly filed an S-1 application with the SEC for an IPO.
Mining Company Riot Blockchain Mined 1,405 BTC in Q1
Reading Time: < 1 minute Nasdaq-listed mining company Riot Blockchain mined 1,405 BTC and posted a net profit of $35.6 million in the first quarter of 2022.
Riot Blockchain Announces it’s Expanding its Mining Capacity by 1 GW
Reading Time: < 1 minute Crypto mining company Riot Blockchain has just announced that it plans to build a 1 GW Bitcoin mining facility in Texas.
New York Assembly Greenlights Two-Year Mining Restriction Bill
Reading Time: < 1 minute The lower house of the New York State Legislature has voted in favor of a bill designed to freeze current levels of carbon emissions from cryptocurrency mining.
US Congressmen Call for Proof-of-Work Testing for Environmental Damage
Reading Time: < 1 minute A group of US congressmen have asked the Environmental Protection Agency of the US to review the mining industry for environmental risks and compliance with relevant laws.
IMF Warns Russia Could Use Crypto Mining to Evade Sanctions
Reading Time: < 1 minute The IMF believes Russia can use mining to circumvent economic sanctions.
MicroBT Launches New Miner Whatsminer M50 Series
Reading Time: < 1 minute Crypto miner maker MicroBT has recently introduced the Whatsminer M50 series at the Bitcoin 2022 conference in Miami.
Intel Announces Launch Date of its New Chip for BTC Mining
Reading Time: < 1 minute Chip maker Intel has recently announced the release of a new chip designed for Bitcoin mining.
Bit Digital Returns 39% of Mining Devices Back to Network After Moving From China
Reading Time: < 1 minute The Nasdaq-listed mining company has deployed 39.2% of cryptocurrency mining rigs in North America a few months after leaving China.
More Than 100 Crypto Mining Companies Close in Kazakhstan
Reading Time: < 1 minute 106 mining enterprises have ceased their activities in Kazakhstan.
Mining Startup Blockmetrix Attracts $43M
Reading Time: < 1 minute US-based crypto mining startup Blockmetrix has raised $43 million in a Series B funding round.
Mining Pool BTC.com Suspends Registrations of Russian Users
Reading Time: < 1 minute Mining pool BTC.com suspended the registration of new users from Russia on March 5, 2022.
Hackers Demand Nvidia Remove Hashrate Limit From its GPUs
Reading Time: < 1 minute LAPSUS$ has announced it is ready to disclose or sell 1 terabyte of stolen confidential data if the graphics card maker does not unlock mining restrictions in the new RTX 30 series.
