Mining


Markets

Inside Iran's Onslaught on Bitcoin Mining

Iran has been clamping down on mining farms, but it also wants to use crypto mining to boost the sanctioned nation's revenue stream.

TEHRAN * IRAN
The flags flying next to the Azadi Tower

Finance

Bitmain Co-Founder Exits, Resolving Years-Long Power Struggle as Mining Firm Preps IPO

Bitmain co-founder Jihan Wu is stepping down from his role as part of a settlement.

Bitmain co-founder Jihan Wu

Markets

US Man Installs Crypto Mining Rig in Hybrid BMW Sportscar

While this mining rig can be powered by the hybrid car's battery, the trunk needs to stay open to avoid overheating.

The in-car mining rig

Policy

Class Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud Allegations

Defendants allege the mining company made false and/or misleading statements and failed to disclose the true extent of its mining operations.

U.S. District Court for the Southern District of New York

Tech

Minority Mining Pools Threaten to Collude Against Contentious Ethereum Update

A small band of Ethereum miners are trying to pick off larger mining pools’ subscribers in a bid to shoot down EIP 1559.

Crypto mining rig

Policy

The US Can Make Bitcoin Mining Greener

With companies like Square announcing environment-focused mining initiatives, the U.S. can take the lead in reducing bitcoin's carbon impact.

Krasyuk/iStock/Getty Images Plus

Finance

Nvidia May Restart Production of Crypto Mining GPUs if Demand Sufficient

Selling dedicated crypto cards would alleviate pressure on Nvidia's consumer models.

GPUs set up for cryptocurrency mining.

Finance

Babel Finance Is Letting Crypto Mining Firms Use Machines as Loan Collateral

A clever way for bitcoin miners to get better loan terms.

Cryptocurrency mining machines

Markets

Kentucky Bill Seeks to Lure Crypto Miners With Tax Breaks

Reps. Rudy and Freeland's bill would exempt crypto miners from paying either Kentucky sales or excise tax.

Kentucky state Capitol

Finance

Bitcoin Miner Marathon Patent Group Completes $200M Capital Raise

Nasdaq-listed Marathon said it will use the funds to pay for recent hardware purchases from Bitmain and to expand its business.

Bitcoin miners