Bitcoin Mining


Finance

Bitcoin Miner Marathon to Start Energizing Texas Rigs at Compute North Facility

The dramatic decline in bitcoin prices led to a $127.6 million impairment on the company's BTC holdings in the second quarter.

Marathon Digital CEO Fred Thiel, at the Bitcoin conference in Miami (CoinDesk)

Finance

Iris Energy Turns On 41 Megawatts of Bitcoin Mining Machines Ahead of Schedule

The company plans to add another 50 MW by the end of next month, bringing its total hashrate to 3.7 exahashes per second.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Finance

After Countless Bungles, Compass Mining Tries to Change Course

The company that set out to make crypto mining available to retail investors has had to put out its own fires.

Compass Mining's booth at Mining Disrupt in Miami in July 2022. (Eliza Gkritsi/CoinDesk)

Finance

Why Bit Digital Is Expanding Into Canada

Bit Digital Chief Strategy Officer Samir Tabar joined CoinDesk TV’s “All About Bitcoin,” to discuss the mining company’s bid to increase hosting capacity in Canada.

Mining rigs in Plattsburgh, N.Y. (Fran Velasquez/CoinDesk)

Finance

Core Scientific Sold More Bitcoin in July Than It Mined

The miner still holds 1,205 bitcoins and expects to continue to sell its mined coins to pay for expenses.

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Finance

Crypto Miner Argo Blockchain Faced Equipment Challenges, Higher Costs in July

The London-based company produced 219 bitcoins in the month, 22% more than in June.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Videos

Bit Digital Exec on Canada Expansion, State of Crypto Mining

Sam Tabar, chief strategy officer at New York-based digital asset mining company Bit Digital, shares insights into expanding operations to Canada. Plus, his take on the potential repercussions of New York's two-year bitcoin mining moratorium bill, Sen. Warren (D-Mass.) targeting miners for their energy consumption, and the state of the mining industry at large.

Recent Videos

Finance

Riot Blockchain Mined 28% Less Bitcoin in July as Heat Wave Cut Power Supply

Lower energy consumption helped the miner generate $9.5 million in power credits.

A close-up of one of Riot's mining rigs. (Riot Blockchain)

Finance

Bitcoin Miner SAI.TECH Halts Kazakhstan Expansion, Citing Operation and Cost Uncertainties

The Nasdaq-listed company has scrapped plans for a second phase of power-supply cooperation in the central Asian country.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Finance

Marathon Doubles Loan Borrowing Capacity to $200M as Mining Rigs Sit Idle

The firm doubled its credit from Silvergate Bank even as Marathon's operations are facing severe downtime and delays.

Marathon Digital CEO Fred Thiel, at the Bitcoin conference in Miami (CoinDesk)