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Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia
1.1.2023
Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after regional authorities abandoned a proposal...
Challenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profitable at Current Prices
31.12.2022
Bitcoin miners have had a challenging year as the network’s mining difficulty reached an all-time high and the spot market price of bitcoin dropped below the cost of production. Currently, with electricity costs at $0.07 per kilowatt-hour (kWh), only 18 application-specific integrated...
Crypto Biz: Did Michael Saylor buy the Bitcoin bottom for once?
30.12.2022
MicroStrategy scooped up BTC at an average price of just under $17,200. Meanwhile, Binance's CZ explains why there's so much FUD surrounding his exchange
Mike Novogratz calls Helios a 'transformative acquisition' for Galaxy
30.12.2022
The Galaxy CEO seems unfazed by the carnage in the BTC mining sector this year, and outlined that the firm is looking to significantly ramp up its mining initiatives
2 Bitcoin Mining Pools Command More Than 53% of BTC’s Total Hashrate
29.12.2022
Bitcoin’s hashrate has jumped from the low 170 exahash per second (EH/s) recorded this week, to above the 300 exahash range after a number of bitcoin mining operations from Texas temporarily went offline on Dec. 25, 2022. Furthermore, three-day hashrate distribution statistics recorded...
Novogratz's Galaxy Digital Invests $100 Million to Prevent Argo Bitcoin Miner Firm Bankruptcy
29.12.2022
Bitcoin (BTC) miner Argo Blockchain said it would sell its Helios mining facility to US-based crypto financial services firm Galaxy Digital for $65 million....
Read More: Novogratz's Galaxy Digital Invests $100 Million to Prevent Argo Bitcoin Miner Firm Bankruptcy
Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas
29.12.2022
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The following day, on Dec. 28, 2022, Argo detailed it is selling its Helios facility to Galaxy Digital...
Binance's Cloud Mining affected by extreme weather conditions in North America
28.12.2022
Users' subscriptions to cloud mining products have been extended for three days due to the power outage
Binance's cloud mining affected by extreme weather conditions in North America
28.12.2022
Users' subscriptions to cloud mining products have been extended for three days due to the power outage
Today in Crypto: Scammers Impersonate the US Department of State, MicroStrategy Buys-Sells-Buys Bitcoin, Midas Investments Closes Doors Due to Major Losses
28.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Scammers Impersonate the US Department of State, MicroStrategy Buys-Sells-Buys Bitcoin, Midas Investments...
What is browser-based cryptocurrency mining, and how does it work?
28.12.2022
Browser-based cryptocurrency mining has made a comeback, allowing casual miners to earn rewards
What is browser-based cryptocurrency mining, and how does it work?
28.12.2022
Browser-based cryptocurrency mining has made a comeback, allowing casual miners to earn rewards
Canaan expects minor revenue drop in 2022 despite crypto mining crisis
28.12.2022
Crypto mining firm Canaan expects its annual RMB-denominated revenue to drop less than 15% despite the crypto market cap plummeting 70% in 2022
Canaan expects minor revenue drop in 2022 despite crypto mining crisis
28.12.2022
Crypto mining firm Canaan expects its annual RMB-denominated revenue to drop less than 15% despite the crypto market cap plummeting 70% this year
Argo Blockchain sells top mining facility to Galaxy Digital for $65M
28.12.2022
Argo Blockchain reduces its total debt by $41 million by selling its flagship Helios mining facility and getting a $35 million loan from Galaxy
Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading
28.12.2022
Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the company expects to make an announcement on Wednesday, Dec. 28, 2022. The company’s stock has lost 96.34% year-to-date and on Dec. 12, the bitcoin miner “advanced negotiations...
Argo blockchain suspends trading on NASDAQ due to upcoming announcement
27.12.2022
The mining company has faced financial problems due to escalating energy costs and the falling price of Bitcoin
Today in Crypto: Fidelity Files Metaverse Trademark Applications, Defrost Finance to Refund Users Post-Hack, Argo Blockchain Suspends Nasdaq Trading
27.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Fidelity Files Metaverse Trademark Applications, Defrost Finance to Refund Users Post-Hack, Argo...
Bitcoin Mining Pool Btc.com Suffers $3 Million Cyberattack
27.12.2022
A major cryptocurrency mining pool has been hit by hackers earlier this month, the company who owns the pool revealed in an announcement. The incident resulted in the theft of digital assets belonging to the pool and its clients worth a combined total of $3 million. Chinese Authorities Launch...
A subsidiary of BIT Mining Limited encounters a cyberattack
27.12.2022
BTC.com, which happens to be a subsidiary of BIT Mining Limited, encountered one of the biggest fear factors of any company, a cyberattack. This occurrence took place on the 3rd of December, 2022. In the case of the uninitiated, BIT Mining Limited is an absolute top-of-the-line technology-oriented...