Bitcoin Mining
Bitcoin Outlook in Wake of FTX Implosion
Quantum Economics Bitcoin Analyst Jason Deane discusses his analysis and outlook for bitcoin (BTC) as the cryptocurrency slips on the news of Genesis' crypto-lending unit halting customer withdrawals. Plus, insights into the bitcoin mining industry. Genesis and CoinDesk both operate under Digital Currency Group.
Marathon Digital CEO: Players With Strongest Balance Sheets Will Survive Crypto Winter
Marathon Digital CEO Fred Thiel discusses the outlook for the bitcoin mining industry as it continues to see fallout from continued market downturn.
Marathon Digital CEO: We're Bullish on Bitcoin
Marathon Digital Holdings (MARA) mined 615 bitcoin (BTC) in October, the highest monthly total in its history. CEO Fred Thiel shares insights into Marathon Digital's business operations and the state of bitcoin mining amid crypto winter.
Fed Suggests Shift in Tightening Policy; Rogue Actor Disrupts Lightning Network With One Transaction
The U.S. Federal Reserve hinted a potential change in its monetary policy at its latest meeting Wednesday. Twitter user "Burak" (@brqgoo) allegedly created a non-standard Bitcoin transaction that prevented users from opening new Lightning channels. Bitcoin miner Iris Energy (IREN) said some of its mining equipment, owned by special-purpose vehicles, aren't producing enough cash to meet financing obligations.
As Bitcoin Teases 100-Day Average, Traders Say Latest Crypto Bounce Looks More Constructive Than August
Risk assets seem to be breaking out bullishly, with bitcoin is challenging its 100-day simple moving average that aborted the August rally. Meanwhile, public miners have slowed their coin sales since June when they ran down their bitcoin inventory by liquidating 350% of the mined coins. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
US GDP Expands 2.6% in Q3; Core Scientific’s Shares Plummet After Bankruptcy Warning
The U.S. economy rose in the third quarter after two consecutive months of contraction. Shares of the world's largest bitcoin miner, Core Scientific (CORZ), plummeted to as low as 23 cents after the firm warned it could enter into bankruptcy. CFTC Commissioner Christy Goldsmith Romero said crypto echoes the risks of the 2008 financial crisis.
Bitcoin Miner Core Scientific Shares Plunge After Bankruptcy Warning
The world's largest bitcoin miner, Core Scientific (CORZ), warned that it may have to explore bankruptcy if it fails to improve its financial condition. The warning sent its shares down 77% to as low as 23 U.S. cents. "The Hash" team discusses what this means for the bitcoin mining industry and its community.
Judge to Appoint Privacy Ombudsman for Celsius Bankruptcy Case; Bitcoin Mining Difficulty at Record High
Rishi Sunak will be the U.K.'s next prime minister following Liz Truss’ controversial exit last week. A U.S. judge presiding over the bankruptcy case of crypto lender Celsius Network has agreed to appoint a consumer privacy ombudsman in the case. Bitcoin mining difficulty jumped over 3% to a new all-time high.
Crusoe Energy Systems CEO on Bitcoin Mining Outlook
Last week, bitcoin mining difficulty surged to an all-time high. Chase Lochmiller, Crusoe Energy Systems co-founder and CEO, discusses what this means for business operations and the outlook for the bitcoin mining industry. Plus, insights into the $350 million Series C raise and M&A strategy amid crypto winter.