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Compass Mining retrenches 15% of staff, execs to take major pay-cuts
8.7.2022
Compass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn
Crypto Mining Stocks Bounce Amid Bitcoin Recovery
8.7.2022
Investors are likely feeling comfortable as bitcoin has stabilized over the past few days
Compass Mining Cuts 15% of Staff, Lowers Executive Compensation
7.7.2022
Compass Mining is reassessing its priorities after growing too quickly, the company said in a statement
Bitcoin miners sell their hodlings, and ASIC prices keep dropping — What’s next for the industry?
7.7.2022
Beset with multiple challenges, Bitcoin miners continue to liquidate their reserves, and a handful are selling more BTC per month than they make, but is there a silver lining?
Another miner cashes in: Argo Blockchain reports selling 637 BTC to pay debts
7.7.2022
Argo reported it had an outstanding balance of $22 million on a loan from Galaxy Digital, from which it secured BTC-backed loan agreements in 2021
Reddit Launches NFT Avatar Marketplace, New Gaming Investments + More News
7.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Reddit Launches NFT Avatar Marketplace, New Gaming Investments + More News
Coming to Texas: Riot Blockchain announces plans to move NY miners to Lone Star State
6.7.2022
Moving rigs from New York to Texas was part of Riot's effort to reduce the firm’s operating expenses through lower power costs and eliminate “all third-party hosting fees.”
Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge
6.7.2022
On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing the device on April 15, 2021. The machine boasts speeds of up to 2.4 gigahash per second (GH/s) and Bitmain is selling the device for $9,999 per unit. Bitmain Launches...
Ethereum's Step Towards PoS, Bitcoin Mining Difficulty, Binance's BTC Trading Fee Move + More News
6.7.2022
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: Ethereum's Step Towards PoS, Bitcoin Mining Difficulty, Binance's BTC Trading Fee Move + More News
Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners' revenue
6.7.2022
The rally across top Bitcoin mining stocks could trap bulls as BTC price sentiment remains gloomy
Bitmain to Launch its AntMiner E9 Despite the Ethereum Merge Edging Closer
6.7.2022
Bitcoin (BTC) and crypto-mining monolith Bitmain will start selling its latest Ethereum (ETH) mining rig AntMiner E9 on Wednesday, even as Ethereum developers gear up for the blockchain’s shift to proof-of-stake (PoS).
The Chinese mining hardware manufacturer announced the news on Twitter Tuesday...
Core Scientific sold $167M worth of Bitcoin holdings in June
5.7.2022
The sale left the firm with 1,959 BTC at the end of the second quarter, a more than 75% drop when compared with its reported 8,058 BTC holdings as of May 31
Bitmain to Start Selling New Ethereum Mining Rig Model Tomorrow
5.7.2022
Despite the Merge edging closer, Bitmain releases an ethereum ASIC
Analyst Says Duke Energy Corporation Is Studying Bitcoin Mining Applied to Demand Response
4.7.2022
According to the lead rates and regulatory strategy analyst at Duke Energy Corporation, the second-largest U.S. energy corporation is currently studying bitcoin mining. Lead analyst Justin Orkney said that a bitcoin demand response (DR) study was being worked on and the energy firm is partnered...
Singapore Mulls New Crypto Rules, KuCoin Denies Rumors, Meta Closes Novi + More News
4.7.2022
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: Singapore Mulls New Crypto Rules, KuCoin Denies Rumors, Meta Closes Novi + More News
Hodlers and whales: Who owns the most Bitcoin in 2022?
4.7.2022
While the Bitcoin blockchain is public, knowing who owns the most Bitcoin in 2022 isn’t as simple as it should be. Here’s what we know
'Wild ride' lower for BTC? 5 things to know in Bitcoin this week
4.7.2022
The holiday weekend is making everyone nervous as BTC price action hovers at $19,000
Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins Abroad
4.7.2022
The Central Bank of Russia would agree to the legalization of cryptocurrency mining, provided the proceeds from the activity are converted to fiat outside of Russia. The regulator’s latest position on the matter comes after it softened its stance on the possible use of cryptocurrencies...
SBF denies FTX is eyeing distressed crypto mining companies
4.7.2022
Sam Bankman-Fried said that crypto miners did not fit into the company’s core strategy and there is no synergy from an acquisition standpoint
BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected
2.7.2022
While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on the devices they operate. Despite miner profits sliding, Bitcoin’s hashrate has remained high...