Tag: mining
Everything you need to know about crypto mining.
Marathon Digital Mined 2,195 Bitcoin in Q1
Reading Time: < 1 minuteMarathon Digital, a Bitcoin mining company, has achieved a quarterly mining record by mining 2,195 BTC in the first quarter of 2023, which is currently worth approximately $62 million.
Greenpeace Creates Talisman to Fight Crypto Mining
Reading Time: < 1 minuteGreenpeace has introduced a new mascot, “Satoshi Skulls,” to represent the “dangerous amounts of pollution” created by BTC mining.
Crypto Miner Navier Unveils Marketplace for Tokenized Hashrate
Reading Time: < 1 minuteNavier has announced the launch of a token trading service for qualified investors that enables ownership of a specific hashrate to mine cryptocurrencies.
Mining Firm Argo Blockchain Mines 162 BTC in February
Reading Time: < 1 minuteArgo Blockchain miners earned $3.76 million in February, a 7% increase from January. The hashrate remained at 2.5 EH/s.
Green Mining PEGA Pool Climbs the Bitcoin Hashrate Charts Within Weeks of Launch
Reading Time: 2 minutesThere’s a new Bitcoin mining pool in town and it comes bearing impeccable environmental credentials.
PEGA Pool Announces the Official Launch of Its Eco-friendly Bitcoin Mining Pool
Reading Time: 2 minutesSwanage, United Kingdom, 14th February, 2023, Chainwire UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes […]
Crypto Miner Iris Energy Plans to Increase its Hashrate from 2 EH/s to 5.5 EH/s
Reading Time: < 1 minuteAustralia-based mining company Iris Energy has announced it will increase in crypto mining capacity from 2 EH/s to 5.5 EH/s.
Cryptocurrency Miner TeraWulf Attracts $32M
Reading Time: < 1 minuteCryptocurrency miner TeraWulf has recently raised $32 million through a share offering.
Crypto Miner Celsius Mining Plans to Sell $1.3 Million in Mining Devices
Reading Time: < 1 minuteMining 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 minuteCryptocurrency 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 minuteUK-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 minuteThe 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 minuteMining 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 minuteThe 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 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.
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.
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.
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.
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.
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.
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.
Mining Company Compute North Files for Bankruptcy
Reading Time: < 1 minuteCryptocurrency mining company Compute North has just filed for bankruptcy.
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.
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.
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.