Mining


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The Future of Mining Finance: Time to Get Creative

To finance mining rigs in a down market, firms will have to look beyond stock issuance. They may have to borrow against their machines or mined crypto or put themselves up for sale.

(Wikimedia Commons)

Videos

New York State Assembly Committee Moves Forward With Bitcoin Mining Ban

The Environmental Conservation Committee of the New York State Assembly voted in favor of a bill that would ban proof-of-work (PoW) cryptocurrency mining for two years due to energy consumption concerns. “The Hash” hosts discuss the growing politicization of bitcoin and possible ways for the mining industry to respond.

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Videos

Renewable Crypto Mining in the Italian Alps

As part of CoinDesk’s Mining Week content, Regulatory Reporter for Europe Sandali Handagama explains how crypto mining firms like the Alps Blockchain are using renewable hydropower in the mountainous regions of Italy. Handagama addresses the broader narrative of eco-friendly mining and the debate in the European Parliament on proof-of-work.

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The Rise of Illegal Crypto Mining Hijackers – And Big Tech’s Response

Cloud vendors are fighting back against cryptojacking, but the hijackers are getting more sophisticated.

"Cryptocurrency is here to stay, which unfortunately means crypto-thieves are too," says a Microsoft exec. (Lisa Ann Yount, modified by CoinDesk)

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Why Do Old-Line Businesses Enter Crypto Mining? Simple: Fat Profits

Even though mining margins have shrunk since crypto prices corrected, for now they’re big enough to keep luring entrants from sectors like prepackaged food and anti-aging formulas.

(Illustration: Rachel Sun)

Videos

Can Lasers Make Bitcoin Mining More Eco Friendly?

As part of CoinDesk’s Mining Week coverage, CoinDesk’s George Kaloudis presents a study suggesting that lasers could be used to create an “optical proof-of-work” consensus, potentially increasing the accessibility of mining and reducing energy consumption.

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Videos

The City That Decided to Ban Crypto Mining

As part of CoinDesk’s Mining Week coverage, U.S. Regulatory Reporter Cheyenne Ligon explains why the upstate New York city of Plattsburgh imposed a ban on crypto mining as tensions arose with the local community. Plus, Ligon offers insights into the current sentiment of N.Y. state lawmakers and the broader significance of this story.

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Policy

Bitcoin Mining Ban Bill Makes It Out of New York State Assembly Committee

The legislation aims to put in place a two-year moratorium on the kind of crypto mining used to secure the Bitcoin network.

Coinmint's bitcoin mine in Massena, New York, pictured in 2020. (Prieur Leary)

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Bitmain Redux: Bitdeer and BitFuFu Are About to Test US Stock Market's Mining Appetite

China's two biggest cloud mining platforms plan to go public on the Nasdaq via SPAC deals this year, at a time when crypto and broader markets have pulled back from their peaks.

Jihan Wu, now chairman and founder of Bitdeer, in 2018 (Bloomberg/Getty Images)

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Why Some Bitcoin Devs Say Lasers Can Cut Mining’s Energy Costs

“Optical proof-of-work” would improve geographic distribution of hashrate and quell fears of climate-related pushback, proponents argue.

Lasers have shown promise in making computation more efficient. Plus, optical computation would fit the “laser eyes” meme popular among bitcoiners. (Illustration: Yunha Lee)