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Bitcoin miner Greenidge cuts NYDIG debt from $72M to $17M
31.1.2023
Despite restructuring into a hosting firm for Bitcoin mining, Greenidge still owns about 10,000 miners, maintaining a capacity of 1.1 EH/s
Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion
29.1.2023
The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion. Bitcoin Difficulty Reaches New All-Time High as Mining Gets Tougher...
Core Scientific files motion to sell over $6M in Bitmain coupons
28.1.2023
Some conditions applied to the coupons make them useless for Core Scientific's business, a court filing shows
Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase
27.1.2023
The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher. The change follows the last difficulty retarget, which advanced by 10.26% to the current all-time high of 37.59 trillion. Block Time Breakdown:...
Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court
27.1.2023
The lawsuit escalates a months-long dispute between the crypto miner and one of its energy suppliers in Canada
Blockstream Secures $125 Million in Funding for Bitcoin Mining Operations
25.1.2023
Digital asset infrastructure firm Blockstream has secured $125 million in funding aimed at expanding its bitcoin mining facilities.
Blockstream has received the funding in convertible note and secured loan financing, the company announced in a Tuesday press release, adding that it plans to...
Bitcoin price rally provides much needed relief for BTC miners
20.1.2023
Bitcoin’s prolonged breakout above $22,000 is easing pressure on razor thin profit margins for BTC miners
Crypto miner explains how Bitcoin mining stabilizes grids
18.1.2023
Hut 8 CEO, Jaime Leverton explains how Bitcoin mining can stabilize grids, create jobs and generate tax revenues in an exclusive Davos interview
Bitcoin price strength intensifies as risk-loving traders bring volume back to the crypto market
17.1.2023
An increase in Bitcoin trading volume and positive on-chain data appear to be the primary forces behind BTC’s newfound strength
Why Bitcoin Hash Rate and Mining Difficulty Headed Higher is Great News for Bulls
16.1.2023
The difficulty of mining a bitcoin block has increased by around 10% during the latest adjustment, suggesting that more miners are coming back online as prices continue to recover.
The adjustment at block height 772,128 is the biggest downward change since October 10, 2022, when the metric rose...
Hive Blockchain Shares Are Up 100% YTD, Deploys Intel’s Blockscale Chip For Bitcoin Mining Machines
16.1.2023
The shares of Bitcoin (BTC) mining firm Hive Blockchain (HIVE) are up more than 100% since the year began, while it just recently deployed its first machines based on Intel's (INTC) Blockscale chips.
Between Tuesday, January 3 and Friday, January 13, 2023, HIVE shares jumped 104.6%.
On January...
Can Canada stay a crypto mining hub after Manitoba’s moratorium?
14.1.2023
Local stakeholders believe that a crypto mining moratorium might actually mean the beginning of a new dialogue between the government and the industry
Celsius' mining arm announces $1.3M sale of equipment
13.1.2023
According to Celsius, Touzi Capital made the best offer for the mining rigs following discussions with “several brokers and market participants”
Mining Bitcoin at home — Is it time to start? Market Talks
12.1.2023
Join us as we discuss everything you need to know about mining crypto from the comfort of your home. Hosting the show will be Cointelegraph’s head of markets, Ray Salmond, with special guest Justin Kramer
Bitcoin miner Northern Data says production increased by 315% Y/Y in 2022
11.1.2023
According to Northern Data AG, it generated a total of 2,798 BTC in the fiscal year 2022
Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees
7.1.2023
Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the price of electricity consumed by bitcoin farms and can be much higher than the original levy....
1.5M houses could be powered by the energy Texas miners returned
6.1.2023
Bitcoin miners appeared to be the model consumers for the ancillary services in the state
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius
4.1.2023
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and hosting costs, as the crypto lender has been unable to make...
Iran court orders the release of seized crypto mining equipment
4.1.2023
Judicial rulings require Iranian authorities to release a part of the 150,000 crypto mining equipment previously seized due to energy concerns
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...