Aoyon Ashraf

Aoyon Ashraf is CoinDesk's managing editor for Breaking News. He spent almost a decade at Bloomberg covering equities, commodities and tech. Prior to that, he spent several years on the sellside, financing small-cap companies. Aoyon graduated from University of Toronto with a degree in mining engineering. He holds ETH and BTC, as well as ALGO, ADA, SOL, OP and some other altcoins which are below CoinDesk's disclosure threshold of $1,000.

Aoyon Ashraf

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Finance

Bitfarms Doubles Hashrate to More Than 2 EH/s

Bitcoin miner Bitfarms has received and installed 1,500 S19j Pro miners so far in November.

Bitfarms facility in Saint-Hyacinthe, Quebec, Canada.  (CoinDesk archives)

Finance

Marathon Digital to Raise $500M in Convertible Notes

The bitcoin miner will use the proceeds to buy bitcoin and bitcoin miners.

Crypto mining machines (Christinne Muschi/Bloomberg via Getty Images)

Finance

Chinese Crypto Miner The9 Expands in US With Compute North Deal

The company also plans to add 14,000 miners with other hosting partners in countries including Canada.

Crypto mining machines

Finance

Bitfarms Buys 24MW Crypto Mining Facility in Washington State for $26M

The bitcoin miner plans to run approximately 6,200 Bitmain S19j Pro miners in the new hydro-powered facility, with potential capacity of 620 PH/s mining power.

A technician monitors cryptocurrency mining rigs at a Bitfarms facility in Saint-Hyacinthe, Quebec.

Finance

Hut 8′s Revenue Rose Over 700% in Q3, Beating Analyst Estimates

The Canadian crypto miner beat third quarter revenue and earnings estimates and held about $342 million in bitcoin.

Hut 8 Luxor Ethereum mining (Bet Noire/iStock/Getty Images Plus)

Finance

Top Bitcoin Mining Pool Foundry Starts Digital Currency Staking Business

The new business will provide staking services to institutional investors for 20 blockchain networks, including Solana, Helium, The Graph and Horizen.

Foundry, based in Rochester, N.Y., provides services to crypto miners such as equipment financing and pooling.

Finance

Marathon Digital Beats Q3 Earnings Estimate, but Misses on Revenue

The company mined 1,252 bitcoin in the third quarter, a 91% increase from the previous quarter.

Marathon Digital to Buy $121M of Mining Machines

Finance

Crypto Miner MineOne Raises Over $20M in First Funding Round

The New York-based company, which launched in October, is now raising money for its second round.

Bitcoin mining equipment

Finance

CoreWeave Raises $50M in New Funds From Magnetar Capital

The cloud service provider and Ethereum miner will use the funding to expand its cloud offerings.

Ethereum Miners Revolt Over Fee Structure Overhaul

Finance

Hive Blockchain to Raise C$110M to Expand Bitcoin Production

The crypto miner will raise the money in a private placement of special warrants.

Hive Blockchain Article 66M