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.
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.
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.
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.”
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
