Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs
The majority of the 6,376 mining rigs BlockFi sold to U.S. Farms & Mining are Bitmain Antminers, according to ...
Tag: Mining
Bitcoin Mining Industry Is Well Positioned to Participate in a New Cycle: Bernstein
If the 2024 halving follows the same pattern as earlier ones, the BTC mining industry would see “lower competitive ...
Crypto Winter Ends Era of Bitcoin Mining ‘Hodlers’
The liquidation of bitcoin holdings was particularly strong in June 2022, when miners sold 14,200 bitcoins, according to Zhao’s ...
U.S. Treasury Department Proposes 30% Excise Tax on Crypto Mining Firms
“The increase in energy consumption attributable to the growth of digital asset mining has negative environmental effects and can ...
Senator Lummis questions government’s role in regulating energy use in crypto mining
Ad In a March 7 Senate hearing committee on cryptocurrency and the environment, Senator Cynthia Lummis (R – Wyoming) ...
Jack Dorsey’s payments company Block seeks input on mining kit
Ad Jack Dorsey’s Block, Inc. has announced that it is seeking input on an ongoing Bitcoin mining project, as ...
Missouri passes crypto mining protection law
Ad The U.S. state of Missouri passed the “Digital Asset Mining Protection Act” on March 7 to protect the ...
Argo Blockchain Continues To Increase Bitcoin Mining, Outpacing Difficulty Growth
The crypto market remains in the bear zone, even after several months. In the last week, major coins, such ...
Crypto Mining Rig Maker Canaan's Q4 Revenue Sunk 82% to $56.8M
The firm reported Q4 net loss per ADS of 38 cents compared to $1 for the same period in ...
TeraWulf’s nuclear-powered Bitcoin mining facility goes online
Ad TeraWulf (WULF) has launched its Nautilus Cryptomine facility marking the inauguration of the first bitcoin mining facility in ...
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