Mining


Finanza

Bitcoin Miner Bitfarms Lowers Hashrate Outlook to 6 EH/s This Year

The miner is still assessing other opportunities to expand its capacity to as much as 8 EH/s by the end of the year.

Bitfarms' mining facility in Quebec, Bitfarms (Aoyon Ashraf for CoinDesk)

Finanza

Core Scientific Cites Crypto Market Turmoil in Lowering Its Growth Outlook

The miner said it has also received overtures about potential M&A deals as some other miners struggle to finance their growth.

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Finanza

Bitcoin Miner Iris Energy Reiterates Hashrate View; Revenue Misses Estimates

The miner’s adjusted EBITDA margin slipped to 48% in the fiscal third quarter versus 72% in the prior quarter and 57% a year ago.

Cryptocurrency mining rigs sit on racks. (James MacDonald/Bloomberg via Getty Images)

Finanza

Cipher Raises Year Hashrate View While Cutting Power Guidance

The stock of the miner lost almost 50% of its value in one day.

Bitcoin mining rigs at Kryptovault's facility in Hønefoss, Norway. (Image credit: Eliza Gkritsi/CoinDesk)

Video

Bitcoin Dips Alongside Stocks, NY Crypto Mining Bill Unlikely to Pass in State Senate

"All About Bitcoin's" Week in Review panel discusses the recent bitcoin sell-off driving the price below $36K, comparing it with the current activity in the stock market. Plus, why the New York Senate Environmental Conservation Committee will not be reviewing the proposed two-year moratorium on non-renewable proof-of-work mining, and Q1 earnings reports from crypto mining firms like Argo and Marathon Digital. 

Recent Videos

Video

Global NFT Sales Rise; Hong Kong Embraces NFTs

Bitcoin tumbles with Nasdaq’s worst performance since 2020. Chinese mining rig maker Canaan placed on SEC pre-delisting list. NFT market breaks out of bear territory. Hong Kong sees explosion in NFT exhibitions. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Recent Videos

Politiche

The NY Mining Moratorium’s Odds Just Got a Lot Worse

The Senate Environmental Conservation Committee won't consider the controversial bill, according to a schedule released Thursday.

Cryptocurrency mining rigs sit on racks. (James MacDonald/Bloomberg via Getty Images)

Opinioni

The Scarcity Mindset Driving Crypto's Energy Critics

The DeFi Education Fund weighs in on the New York state legislature's attempt to curb proof-of-work mining, and dreams of energy abundant future.

A digital tree. (Daniel Kuhn/CoinDesk)

Politiche

Crypto Mining Rig Maker Canaan Added to SEC List of Scrutinized Chinese Companies

Canaan has until May 25 to dispute its inclusion, which could eventually force its delisting from the Nasdaq.

Beijing's Forbidden City. (Ling Tang/Unsplash)