Mining


Finance

Crypto Miner Core Scientific Cuts 10% of Staff, Keeps Hashrate Projection

The company also took a $840 million accounting charge to write down the value of its assets.

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Finance

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.

(Energy Web)

Finance

Hut 8's Q2 Loss Widens to $69M, Continues to 'Hodl' Bitcoin

The lower price of bitcoin and higher power costs hurt the results.

A Hut 8 mining site (Hut 8)

Finance

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 mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Finance

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.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Finance

Compañía de energía renovable capta $4.3M para convertir un vertedero de metano en bitcoin

La primera ronda de inversión de Vespene Energy fue liderada por Polychain Capital.

(Noah Buscher/Unsplash)

Finance

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.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Finance

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.

(Noah Buscher/Unsplash)

Finance

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.

A bitcoin mining facility in Georgia that uses 95% non-carbon energy (CleanSpark)

Policy

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.

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