Mining


Finance

Mining-Rig Maker Canaan Q1 Revenue More Than Triples

Canaan shares climbed after first-quarter earnings beat one analyst's estimates.

Equipos de minería para bitcoin. (Sandali Handagama)

Finance

Argentina presiona a mineros de criptomonedas en medio de una escasez energética

Algunas compañías registradas tuvieron en marzo un incremento de 400% en sus tarifas eléctricas, mientras que los mineros ilegales no planean dejar de utilizar la energía subsidiada de sus hogares para realizar la actividad.

Ushuaia, ciudad ubicada en la provincia argentina de Tierra del Fuego. (Richard I'Anson/Getty Images)

Finance

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 (Aoyon Ashraf for CoinDesk)

Finance

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)

Finance

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)

Finance

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)

Videos

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

Videos

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

Policy

As probabilidades da Moratória de Mineração de Nova York ficaram muito piores

O Comitê de Conservação Ambiental do Senado T considerará o polêmico projeto de lei, de acordo com cronograma divulgado quinta-feira.

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