Bitcoin Mining

Bitcoin Hashrate Drops to 6 1/2-Month Low After China Mining Crackdown

The Bitcoin network's processing power could rebound if miners relocate to other locales, one analyst predicts.

Markets  ·  16 June 2021

Genesis Digital Assets Purchases Additional 10,000 Mining Machines From Canaan

The order is to be completed by the end of the month.

Business  ·  16 June 2021
Bitcoin

Crypto Long & Short: The Market Gets Smarter

This week, the cryptocurrency markets displayed a more sophisticated understanding of regulatory and technology risk.

Markets  ·  13 June 2021
Bitcoin Mining

Hut 8 Mining’s Underwriters Agree to Buy $82M in Stock Ahead of Nasdaq Listing

The shares are scheduled to make their debut on Nasdaq next week.

Business  ·  11 June 2021
New York

New York Crypto Mining Bill Dies in Assembly After Passing State Senate

Union opposition helped kill a Senate-passed environmental bill in the New York Assembly to regulate crypto mining.

News  ·  11 June 2021
China

China’s Yunnan Province Did Not Order Miners to Shut Down, Despite Reports

A report by Forkast News appears to have been incorrect, a number of mining sources tell CoinDesk.

Business  ·  11 June 2021
China

China’s Yunnan to Become Latest Province to Ban Crypto Mining: Report

The coming ban follows similar actions in Qinghai, Xinjiang and Inner Mongolia.

News  ·  11 June 2021
Bitcoin Mining

Volcano-Powered Bitcoin Mining Goes From Twitter Idea to State Policy in El Salvador

President Nayib Bukele is moving on multiple fronts to make El Salvador an unlikely bitcoin mecca.

Policy & regulation  ·  9 June 2021
Bitcoin

Luxor Bitcoin Mining Firm Raises $5M Series A Led by NYDIG

Luxor says it will work with NYDIG on "a number of mining-related ventures and hashrate-based products."

Business  ·  9 June 2021
Bitcoin

China’s Qinghai Province Has Ordered All Crypto Miners to Shut Down

It follows other provinces, including Xinjiang and Inner Mongolia, in ordering miners to shut down.

News  ·  9 June 2021
China

Some Xinjiang Bitcoin Miners Instructed to Shut Down: Report

The local government of Changji in Xinjiang has instructed miners at the Zhundong Economic Technological Development Park to shut down mining activities.

News  ·  9 June 2021
Bitcoin Mining

Square to Invest $5M to Build Solar-Powered Bitcoin Mining Facility With Blockstream

The announcement comes as the environmental impact of mining for the world's largest cryptocurrency has come under intense scrutiny.

News  ·  6 June 2021
Bitcoin Mining

Gryphon Digital Mining to Become Publicly Traded on Nasdaq Via Merger With Sphere 3D

Based on the current price of Sphere's shares, the merger is valued at $184.3 million.

News  ·  3 June 2021
Bitcoin Mining

Argo Blockchain’s Bitcoin Holding Passes 1,000

May revenue fell to $7.8 million, 16% less than the month before.

News  ·  3 June 2021
Bitcoin

Bitcoin Miner Marathon Will No Longer Censor Transactions, CEO Says

"Marathon is committed to the core tenets of the Bitcoin community, including decentralization, inclusion, and no censorship," said the CEO.

Tech  ·  31 May 2021