Mining

Bitcoin Mining

Class Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud Allegations

Defendants allege the mining company made false and/or misleading statements and failed to disclose the true extent of its mining operations.

Policy & regulation  ·  22 January 2021
Ethereum Mining

Minority Mining Pools Threaten to Collude Against Contentious Ethereum Update

A small band of Ethereum miners are trying to pick off larger mining pools’ subscribers in a bid to shoot down EIP 1559.

Tech  ·  21 January 2021
Mining

The US Can Make Bitcoin Mining Greener

With companies like Square announcing environment-focused mining initiatives, the U.S. can take the lead in reducing bitcoin's carbon impact.

Policy & regulation  ·  19 January 2021
CoinFlash

Nvidia May Restart Production of Crypto Mining GPUs if Demand Sufficient

Selling dedicated crypto cards would alleviate pressure on Nvidia's consumer models.

Business  ·  18 January 2021
Lending

Babel Finance Is Letting Crypto Mining Firms Use Machines as Loan Collateral

A clever way for bitcoin miners to get better loan terms.

Business  ·  12 January 2021
Mining

Kentucky Bill Seeks to Lure Crypto Miners With Tax Breaks

Reps. Rudy and Freeland's bill would exempt crypto miners from paying either Kentucky sales or excise tax.

News  ·  11 January 2021
Marathon Patent Group

Bitcoin Miner Marathon Patent Group Completes $200M Capital Raise

Nasdaq-listed Marathon said it will use the funds to pay for recent hardware purchases from Bitmain and to expand its business.

Business  ·  4 January 2021
Russia

Russian Oil Drilling Giant Opens a Crypto Mining Farm Run on Gas Energy

A unit of oil and gas giant Gazprom has opened a mining venue on an oil drilling site using gas produced as a byproduct to produce electricity.

News  ·  30 December 2020
Newsletters

Valid Points: Forget Staking, There Are Still Coins to Be Mined on PoW Ethereum

Ethereum miners are making investments to maximize profits before mining becomes obsolete and gets replaced by validating on Ethereum 2.0.

News  ·  23 December 2020
Ethereum Mining

Linzhi Begins Rollout of Long-Awaited Ethereum Miner ‘Phoenix’

Linzhi’s “Phoenix” Ethereum ASIC miner is three times more powerful than other machines on the market, as well as more energy efficient.

Tech  ·  21 December 2020
Mining

US Bitcoin Mining Firm Core Scientific to Triple Capacity With Massive 59,000-Machine Order

U.S. blockchain and AI infrastructure provider Core Scientific has expanded its fleet of state-of-the-art crypto miners to over 77,000.

Business  ·  17 December 2020
Mining

WEF, Mining Giants Develop Blockchain Platform for Tracking Carbon Emissions

The World Economic Forum (WEF) has finalized a platform that tracks CO2 emissions during mining processes using blockchain.

Business  ·  15 December 2020
Mining

Ukraine Oligarch’s Troubled US Steel Plant Has Been Quietly Mining Bitcoin: Report

The Kentucky-based CC Metals & Alloys steel plant owned by Ukrainian billionaire Ihor Kolomoisky is mining bitcoin as other activities have stopped, according to a report.

Business  ·  14 December 2020
Marathon Patent Group

Long in China’s Shadow, the US Is Becoming a Bitcoin Mining Power Again

Following a string of investments, miners are increasingly optimistic about prospects for the U.S. market in 2021.

Business  ·  25 November 2020
Russia

Russian Hospitalized After Bitcoin Mining Farm Sets Apartment on Fire

A poorly managed mining farm in St. Petersburg, Russia, set an apartment on fire and injured the operator, according to a report.

News  ·  25 November 2020