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Compass Mining loses facility after allegedly failing to pay power bill
28.6.2022
The facility owner Dynamics Mining publicly took to Twitter to share the letter terminating its hosting agreement with Compass Mining, saying it had unpaid bills
Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales
27.6.2022
Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining company Luxor Technologies, Ethan Vera, says that...
Bitcoin miner 'capitulation event' may have already happened — research
24.6.2022
Investigative work argues that on-chain metrics are proving miners have capitulated, while whales appear to be lone Bitcoin dip-buyers
New Solar-Powered Bitcoin Miner Launches Operations Despite Difficult Market
23.6.2022
Aspen Creek Digital will also host miners from Galaxy Digital at its new data center in western Colorado
Bitcoin Miner Iris Energy Increases 2022 Hashrate Estimate to 4.3 EH/s
22.6.2022
The bitcoin miner will continue to sell its bitcoin instead of taking on financing
Miner Bitfarms Sold Almost Half Its Bitcoin to Reduce Debt
21.6.2022
The miner sold 3,000 BTC in the past week to reduce its Galaxy credit facility. It also closed an NYDIG equipment-financing loan
$30K BTC price has 'severe impact' on Bitcoin miner profits — analysis
10.6.2022
Miners are facing an increasingly problematic climate for participating in the Bitcoin blockchain, and only higher BTC prices can help
Bitcoin Miner Mawson Exchanges Mining Rigs for Stake in Tasmanian Data Center
7.6.2022
The move comes as more miners have begun using alternative sources of funds to support their expansion
Crypto Miner Hive Blockchain Selling Ether to Pay for Intel Mining Rigs
6.6.2022
The miner expects to have a bitcoin-equivalent hashrate of 6.2 exahash per second (EH/s) in the next 12 months
Crypto Miner Hut 8 Bucks Trend by ‘Hodling’ its Mined Bitcoins
6.6.2022
The miner also concluded its crypto lending program, bringing all of its bitcoin back into custody
Kevin O’Leary Backed Bitcoin Miner to Locate HQ in North Dakota
2.6.2022
Bitzero plans to invest about $400 million to $500 million to build 200 megawatts of data centers in the state
Bitcoin Miner Riot Blockchain Names Its Head of Corporate Operations as New CFO
2.6.2022
Current CFO Jeff McGonegal will retire and move into a new role as senior advisor of the miner in mid-August
Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3
30.5.2022
The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even...
No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal
26.5.2022
A new draft law has replaced an earlier bill introducing a one-year tax and customs amnesty for cryptocurrency miners in Russia. The initial proposal has been withdrawn on the grounds that the tax break would have resulted in losses for the state budget. Revised Crypto Mining Legislation Submitted...
Bitcoin Miner Argo Blockchain Emerged Unscathed From Its UST Stake
18.5.2022
The firm said it was able to sell its minimal UST stake for around 93 cents per token before the price completely collapsed
L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow
17.5.2022
Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have...
Bitcoin Miner Bitfarms Lowers Hashrate Outlook to 6 EH/s This Year
16.5.2022
The miner is still assessing other opportunities to expand its capacity to as much as 8 EH/s by the end of the year
CleanSpark, Hut 8 Stocks Lead Bitcoin Miner Rally as Markets Bounce Back
13.5.2022
Those miners with larger operations and lower costs are winning favor with investors amid volatile market conditions
Bitcoin Miner Iris Energy Reiterates Hashrate View While Revenue Misses Estimates
11.5.2022
The miner’s adjusted EBITDA margin slipped to 48% in the fiscal third quarter versus 72% in the prior quarter and 57% a year ago
Bitcoin Miner Argo Blockchain 'Leans Toward' Designing Custom Miners With Intel Chips
11.5.2022
Custom bitcoin mining rigs will allow miners to design their own machines, instead of having to settle for ready-made ones from a duopoly of manufacturers