Mining


Policy

Russia's Latest Draft Bill Would Still Largely Ban Crypto, Stifle Miners

Russia's Ministry of Finance wants to ban any cryptocurrency payments, which could be bad news for the country's mining farms.

House of the Government of the Russian Federation (Aksenov Petr/Shutterstock)

Policy

Russia's Crypto Mining Farms Would Have to Report to Government Under Proposed Bill

Russian wants all data centers, including mining farms, to report what they do and how they operate. Local experts say that brings risk.

Bitriver mining farm in Bratsk, Russia.

Finance

DCG to Invest $100M in Bitcoin Mining Venture

Blockchain investment firm Digital Currency Group has branched into the bitcoin mining industry though a subsidiary called Foundry.

DCG founder and CEO Barry Silbert

Markets

Bitcoin Mining Facility With Room for 50,000 Rigs Set to Launch in Kazakhstan

The 180-megawatt facility that will be able to host 50,000 bitcoin mining rigs is set to launch sometime in early September.

The Ekibastuz mining facility.

Markets

Nvidia Accused of Trying to Discredit Ex-Employee in Crypto Mining Revenue Trial

Investors suing Nvidia have opposed a motion from the U.S. chipmaker that would shut out the testimony from an ex-employee.

(Shutterstock)

Markets

Marathon Signs New $23M Contract With Bitmain for 10,500 Bitcoin Mining Rigs

The $23 million purchase will see Marathon's bitcoin mining capacity increase drastically, turning it into one of the largest miners in North America.

(CoinDesk archives, modified using PhotoMosh)

Tech

Daily Profitability for Ethereum Miners Hits Over 2-Year High

The surge in profitability comes after rises in transaction fees and prices of the ether cryptocurrency.

bitcoin miner

Markets

Is Bitcoin Mining Legal in India? Miners Still Don't Know

Following a recent Supreme Court decision, India's crypto industry is optimistic about the future. But miners still don't know if what they do is illegal.

Bongaigaon, Assam, India (Neelkamal Deka/Unsplash)

Tech

Zcash Latest Hard Fork 'Heartwood' Makes Mining Private

Privacy coin zcash has successfully hard forked at block height 903,000 in a planned network update known as “Heartwood.”

Zcash Foundation Executive Director Josh Cincinnati speaks at ETHDenver 2020. (Will Foxley/CoinDesk)

Finance

Fidelity International Doubles Stake in Bitcoin Mining Firm Hut 8

Billion-dollar fund manager Fidelity International is betting big on rebounding fortunes for the listed bitcoin miner Hut 8.

A crypto mining farm.