Bitcoin Mining


Finance

Crypto Winter Ends Era of Bitcoin Mining ‘HODLers’

Bitcoin miners are no longer able or willing to hold onto all of their mined digital assets indefinitely as a slump in prices is eating into their margins.

(DALL-E/CoinDesk)

Finance

Bitcoin Miner Stocks Surge Amid Banking Meltdown

Mining equities were up about 11% on average on Monday alongside big gains for bitcoin.

Bitcoin miners (Shutterstock)

Finance

Bitcoin Miner Marathon Says It Still Has Access to $142M at Signature Bank

Marathon terminated a credit facility with Silvergate last week.

Marathon Digital CEO Fred Thiel (CoinDesk)

Finance

Bitcoin Miner Hut 8 Talks Operational Issues and U.S. Bitcoin Corp. Merger in Earnings Call

Management spoke to investors on Thursday morning following release of the company's fourth-quarter and full-year 2022 results.

A Hut 8 mining facility (hut8.io)

Finance

Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate

The miner reduced its debt by $50 million and freed up about $75 million worth of bitcoin that was held as collateral.

Marathon Digital CEO Fred Thiel (CoinDesk)

Finance

Canadian Crypto Miner Pow.re Lands 100 MW Contract in Paraguay

The site is built in the Yguazu region, near the giant Itaipu dam.

The Itaipu dam (Jonas de Carvalho/Flickr)

Finance

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 2021.

Nangeng Zhang, CEO of Canaan Creative (Nangeng Zhang)

Finance

TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000 Rigs at Nautilus Facility

The miner also said it expects to reach 5.5 EH/s of computing power across its two sites by early in the second quarter.

(Midjourney/CoinDesk)

Finance

Bitcoin Miner Riot Delayed 10-K Filing Due to Impairment Calculation Issues

The delay followed a similar move earlier this week by Marathon Digital.

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

Finance

Bitcoin Miners Are Starting to Emerge From Brutal Crypto Winter

After several bankruptcies and fire sales, the rally in bitcoin’s price is providing some relief for the miners, although they may not be completely out of the woods yet.

(DALL-E/CoinDesk)