Mining

Mining

Fidelity International Doubles Stake in Bitcoin Mining Firm Hut 8

Billion-dollar fund manager Fidelity International is betting big on rebounding fortunes for the listed bitcoin miner Hut 8.

Business  ·  13 July 2020
Mining

World’s Biggest Mining Firm Makes First Ore Trade on a Blockchain

BHP has completed its first trial trade transaction of iron ore with China's Baosteel using blockchain technology.

News  ·  29 June 2020
Bitcoin

Miners Are Sending Bitcoins to Exchanges Again – And That May Be Bearish

A sudden spike in miner outflows of bitcoin to exchanges makes the cryptocurrency vulnerable to a price drop, according one analyst.

Markets  ·  24 June 2020
Mining

Argo Buys $500K Worth of Zcash Miners as Bitcoin Revenue Shrivels

Doubling its mining capacity for privacy coin zcash could help Argo diversify after last month’s halving knocked its bitcoin revenue.

News  ·  24 June 2020
Mining

Bitcoin Miner Maker Canaan’s Stock Hits Record Low 1 Month After Halving

Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, fell below $2 Monday, their lowest after going public last year.

Markets  ·  15 June 2020
Crime

Illegal Miners in Russia Stole $6.6M Worth of Electricity, Power Grid Firm Says

Electricity thieves built their own illicit power stations to connect hidden mining farms with the local energy grid, a state-owned provider says.

Policy & regulation  ·  8 June 2020
Mining

Argo’s Mining Revenue Dips After Bitcoin’s Halving

London-based bitcoin miner Argo reported that a dip in revenue last month may have occurred due to the bitcoin halving.

News  ·  3 June 2020
Bitcoin

Market Wrap: Bitcoin Can’t Stick to $9,000 While Stocks Rally

While bitcoin has been trending lower, Tuesday’s big winner in the markets are equities.

Markets  ·  26 May 2020
Mining

Iranian President Calls for National Crypto Mining Strategy

Iran's President has ordered officials to develop a new approach to cryptocurrency mining.

News  ·  21 May 2020
Newsletters

First Mover: Bitcoin Just Got Easier to Mine, but for How Long?

Bitcoin's mining "difficulty" just fell 6%, giving small-scale miners a reprieve. But this is only a small dip before an even steeper ascent.

Markets  ·  20 May 2020
Europe

EU Supercomputers Hijacked From COVID-19 Research to Mine Cryptocurrency

A number of supercomputers programmed to search for a vaccine for the coronavirus were remotely hijacked last week using stolen credentials.

News  ·  19 May 2020
Newsletters

Crypto Long & Short: Mining Derivatives Point to Growing Sophistication

Noelle Acheson picks apart trends in global interest and trust in crypto asset technology, and revisits the growing financialization of bitcoin mining.

Markets  ·  18 May 2020
Bitcoin

Market Wrap: Some Miners Face an Uncertain Future Despite Rising Bitcoin Price

A slowly rising bitcoin price might not help some miners run profitable operations now that the halving is in the past.

Markets  ·  13 May 2020
Bitcoin

Market Wrap: Where Does Bitcoin Go After the Halving?

With the highly anticipated bitcoin halving reducing new mining supply, what are crypto traders thinking about upcoming market behavior?

Markets  ·  11 May 2020
Mining

Cambridge University Releases New Tool for Tracking Global Bitcoin Mining Power

Cambridge University's Centre for Alternative Finance has released a bitcoin mining map, showing where bitcoin miners are located worldwide.

News  ·  7 May 2020