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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...
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
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
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...
Bitcoin mining pool BTC.com reports $3M cyberattack
26.12.2022
BTC.com, the seventh-largest Bitcoin mining pool, said that its client fund services are unaffected by the recent $3 million cyberattack
U.S. delays crypto tax reporting rules, as it still can’t define what a 'broker' is
23.12.2022
Congress passed a law in November 2021 that required the new crypto rules to be issued
BTC miner Core Scientific gets interim nod for $37.4M bankruptcy loan
23.12.2022
The loan would allow Core Scientific to keep its mining and hosting operations afloat while it restructures
Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt
21.12.2022
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, Core Scientific has roughly 1,000 to 5,000 creditors and its estimated assets are worth between...
Bitcoin miner Core Scientific reportedly files for Chapter 11 bankruptcy
21.12.2022
Core Scientific reportedly filed for Chapter 11 bankruptcy protection in Texas owing to falling revenue and BTC prices
While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher
18.12.2022
Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, at block height 766,080. During the last 2,016 blocks, Bitcoin’s hashrate has been around 254.3 exahash per second (EH/s), and block intervals...
How hard has this bear market been for Bitcoin mining? Watch Market Talks on Cointelegraph
15.12.2022
Join us as we discuss the current state of the crypto market, particularly in terms of the current bear market and Bitcoin mining. Hosting the show will be Ray Salmond, head of markets at Cointelegraph, and our special guest this week is Drew Vosk