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Mining
Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain
Core Scientific, Bitfarms and Genesis Digital Assets are among miners that have direct and indirect exposures to the fallout.
Binance's Crypto Mining Pool Adds Ravencoin Support
Former Ethereum miners have been drawn to alternative coins like ravencoin after they had to leave the Ethereum network post-merge.
Pre-Halving Rally? Litecoin Surges 43% to 6-Month High
Litecoin's third mining reward halving due in eight months, will cut LTC's pace of supply expansion by 50%.
New York Imposes 2-Year Moratorium on New Proof-of-Work Mining After Gov. Hochul Signs Bill
The new law sets a two-year moratorium on new and renewed air permits for fossil fuel power plants used for energy-intensive proof-of-work (PoW) cryptocurrency mining.
Crypto Mining and Staking Firm Foundry Buys Some of Troubled Bitcoin Miner Compute North's Assets
Foundry will buy two mining facilities and has an option to acquire a third site that is under development.
Stronghold Digital CEO on State of Bitcoin Mining Amid FTX Fallout
Stronghold Digital Mining CEO Greg Beard discusses his outlook for the bitcoin mining industry as the collapse of crypto exchange FTX continues to ripple across the digital asset space and BTC sinks below $16,000. "The great unwind is happening now," Beard said.
Startup Arkon Energy Raises $28M to Further Expand Into Bitcoin Mining
The Australian company also bought Hydrokraft AS, a renewable energy-based data center in Norway with up to 60MW of power capacity.
Canaan Q3 Net Income Drops 88% as Bitcoin Mining Declines
Negative market dynamics have caused a reduction in net income, revenue and computing power sold in the third quarter of this year.
Bitcoin Miners' Balance Slides as FTX Collapse Weighs on Crypto
Data tracked by Glassnode shows, the number of bitcoin held by miner wallets has dropped to a 10-month low.
Ex-Ethereum Miners Token Hop to Stay Alive After the Merge
Following the Ethereum Merge, only 20% of miners have switched to other proof-of-work networks.
