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Mining
Energy Web Token Jumps 25% After BlackRock Gives Decarbonization Project a Shoutout
The nonprofit that issues the coin received praise from BlackRock for trying to reduce bitcoin mining emissions.
Hut 8's Q2 Loss Widens to $69M, Continues to 'Hodl' Bitcoin
The lower price of bitcoin and higher power costs hurt the results.
Bitcoin Miner Genesis Digital Locks In 708 MW of Energy for Mining
The power capacity of the mining company is spread across sites in west Texas, as well as North and South Carolina.
Bitcoin Miner Riot Blockchain Delays Earnings Report to Sort Out How Much Crypto Rout Devalued Its Assets
Its rivals Marathon, Cipher and CleanSpark all managed to get their results out this week as expected.
Cipher Mining Lowers Per-Terahash Cost of Crypto Mining Rigs Even as Quarterly Loss Widens
The miner expects to have 6.9 exahashes per second of computing power deployed by early 2023.
Renewable Energy Company Closes $4.3M Capital Round to Convert Landfill Methane Into Bitcoin
Vespene Energy’s first funding round was led by Polychain Capital.
Bitcoin Miner CleanSpark Buys 36MW Facility and 3,400 Machines in Georgia for $25.1M
The Las Vegas-based company continues to look for growth in a market ripe for mergers and acquisitions.
Kazakh Authorities Arrest 23 Suspected of Forcing IT Professional to Run an Illegal Crypto Mine: Report
The country is still grappling with the illegal crypto mining industry.
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.
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.