Mining


Finance

Crypto Miner Hut 8 Bucks Trend by ‘Hodling’ Its Mined Bitcoins

The miner also concluded its crypto lending program, bringing all of company bitcoin back into custody.

Hut 8 plant

Policy

Environmentalists Target Greenidge as They Turn Up Pressure on NY Governor to Sign Mining Moratorium Bill

A moratorium on new PoW mining projects that use behind-the-meter fossil fuel energy is now on the NY governor's desk.

The Greenidge Generation facility in Dresden, New York. (CoinDesk archives)

Finance

Market Rout Prompts Analyst to Slash Bitcoin Miners’ Price Targets by Average of 65%

BTIG’s analyst remains positive on the longer-term outlook for the miners, however, and is sticking with his buy ratings for the stocks.

Lower rates may be behind bitcoin's big move (© Eugene Mymrin)

Policy

New York State Senate Passes Bitcoin Mining Moratorium

The state Assembly had already passed the bill, which would bar new mining operations powered by carbon-based energy sources for two years.

Clark Vaccaro, acting president and chief strategy officer at BaSIC, a local trade organization, holding up a sign after a rally against the proposed bill last month. (Nikhilesh De/CoinDesk)

Finance

Kevin O’Leary-Backed Bitcoin Miner to Locate HQ in North Dakota

Bitzero plans to invest about $400 million to $500 million to build 200 megawatts of data centers in the state.

CoinDesk placeholder image

Finance

Bitcoin Miner Riot Blockchain Names Its Head of Corporate Operations as New CFO

Current CFO Jeff McGonegal will retire and move into a new role as senior advisor of the miner in mid-August.

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

Finance

Bear Market Could See Some Crypto Miners Turning to M&A for Survival

Companies that have already survived the previous down market and have enough capital and a sound business strategy will be able to survive this cycle.

(Greg Pease/Stone/Getty Images)

Finance

Bitcoin Miners Are Selling Off Their BTC Holdings to Cope With Market Headwinds

As the price of bitcoin falls, miners are cornered into powering off or selling their holdings.

Equipos de minería para bitcoin. (Sandali Handagama)