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Tag: mining

Everything you need to know about crypto mining.

Nasdaq: Crypto Mining Company Bitfarms May Be Delisted

Reading Time: < 1 minuteBitfarms 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 minuteMining 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 minuteMining 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 minuteCanaan 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 minuteThe 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 minuteDigital 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 minuteDeputies 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 minuteCryptocurrency 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 minuteMining 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 minuteAccording 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 minuteWith 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 minutePublic 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 minuteCryptocurrency 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 minuteUS-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 minuteAt 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 minuteUS-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 minuteBitcoin’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 minuteGerman 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 minuteEthereum 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

Celsius Mining to Go Public

Reading Time: < 1 minuteMining company Celsius Mining has secretly filed an S-1 application with the SEC for an IPO.

May 17, 2022May 18, 2022 Chris Smith News

Mining Company Riot Blockchain Mined 1,405 BTC in Q1

Reading Time: < 1 minuteNasdaq-listed mining company Riot Blockchain mined 1,405 BTC and posted a net profit of $35.6 million in the first quarter of 2022.

May 12, 2022May 13, 2022 Chris Smith News

Riot Blockchain Announces it’s Expanding its Mining Capacity by 1 GW

Reading Time: < 1 minuteCrypto mining company Riot Blockchain has just announced that it plans to build a 1 GW Bitcoin mining facility in Texas.

April 29, 2022April 29, 2022 Chris Smith News

New York Assembly Greenlights Two-Year Mining Restriction Bill

Reading Time: < 1 minuteThe 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.

April 28, 2022April 28, 2022 Chris Smith News

US Congressmen Call for Proof-of-Work Testing for Environmental Damage

Reading Time: < 1 minuteA 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.

April 25, 2022April 25, 2022 Chris Smith News

IMF Warns Russia Could Use Crypto Mining to Evade Sanctions

Reading Time: < 1 minuteThe IMF believes Russia can use mining to circumvent economic sanctions.

April 21, 2022April 21, 2022 Chris Smith News

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