Mining


Finance

Swan Bitcoin Unveils Mining Unit as Parent Company Prepares to Go Public

The mining business aims to reach 8 EH/s mining power and already has 4.5 EH/s operational after starting the unit in the summer of 2023.

Swan Bitcoin unveils BTC mining unit as parent company prepares to go public. (Swan Bitcoin)

Finance

Bernstein Says Buy the Dip in Bitcoin Mining Stocks Ahead of BTC Price 'Inflection'

The broker says it prefers outperform rated mining stocks Riot Platforms (RIOT) and CleanSpark (CLSK).

Bitcoin's price will go up if the SEC approves spot bitcoin ETFs, Matrixport said. (Unsplash)

Opinion

Will the Next Bitcoin Halving Be Another Hype Cycle?

After investors "sold the news" of the launch of bitcoin ETFs, market watchers are looking for the next event that could drive market prices.

The bitcoin halving could lead to a "miner exodus," CoinShares said in a new report. (Tony Litvyak/Unsplash, modified by CoinDesk)

Finance

Bitcoin Miners Offload $129M BTC in Day, Sending Reserves to the Lowest Point Since May

A slump in miner reserves indicates potential selling pressure, according to CryptoQuant.

Alta Novella's turbine room with 40 ASIC bitcoin miners.

Policy

Indonesian Authorities Crack Down on Bitcoin Miners Stealing Electricity From National Grid

The thieves allegedly tapped into utility poles of a state-owned energy firm to power mining operations.

A photo of four mining rigs

Finance

Bitcoin Halving Is Poised to Unleash Darwinism on Miners

Strong miners might be about to eat the weak ones as the reward for mining BTC gets cut in half, experts say.

A man trapped in the ocean. (nikko macaspac/Unsplash)

Markets

Early Bitcoin Miner Apparently Sent 1,000 ‘Satoshi Era’ BTC to Trading Desks This Week

These bitcoin were mined at the very early stages of the network for an estimated $100, as per CryptoQuant.

A detail of the Satoshi Nakamoto statue in Budapest, Hungary. (Janos Kummer/Getty Images)

Markets

Crypto Miner Phoenix Group's Shares Surge 35% in Abu Dhabi Stock Market Debut

In November, the UAE-based company said its initial public offering (IPO) was 33-times oversubscribed.

Abu Dhabi (Kamil Rogalinski/Unsplash)

Tech

Bitcoin Miner AntPool to Refund Record $3M BTC Transaction Fee

AntPool said it would verify the identity of the sender if they sign an on-chain message via another bitcoin transaction using the same message – which will prove ownership.

Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)