Texas
Bitcoin Mining Middleman Compass' Georgia Facilities to Close as Energy Prices Soar
The company is offering to move approximately 5,000 machines to Texas.
Bitcoin Miners' Profitability May Narrow as Mining Difficulty Hits Second-Biggest Increase This Year
Bitcoin miners are stepping up production as the weather cools down, so the network automatically adjusted to increase the difficulty of mining a block.
Bitcoin Mining Difficulty Poised to Spike by Most Since January Amid Colder Weather
Some analysts are starting to see this as start of a new seasonal trend in bitcoin mining
The End of the Texas Bitcoin Mining Gold Rush
The new era for mining in the state might look more like a slog than a boom – but it could also be better for the electric grid.
Bitcoin Miner Argo Blockchain Looks to Raise $25M-$35M for 4.1 EH/s Hashrate Target
The firm is also looking to sign a deal for power in the next few months to avoid paying spot prices.
Bitcoin Miner Marathon Digital Targets Trimmed by Cowen
The bank did lift its share price target to $9, but that remains below the stock's current level of about $14.
Riot Blockchain Earned $9.5M for Not Mining During Texas Heatwave
Bitcoin mining firm Riot Blockchain mined 318 bitcoins in July, 28% fewer than last July, as it shut some operations to accommodate the high energy demand during the heatwave in Texas. The miner gained $9.5 million in power credits and other benefits from the curtailment. Riot Blockchain Vice President of Capital Markets discusses the state of the mining industry and potential impact of the upcoming ETH merge on the sector.
How Power Grids Work for Bitcoin Miners in Texas
Gregg Dixon, co-founder, and CEO of energy software platform Voltus discusses the state of crypto mining and how it is impacting power grids in Texas, breaking down the data on the energy consumption of a bitcoin miner.
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.
Crypto Miner Argo Blockchain Faced Equipment Challenges, Higher Costs in July
The London-based company produced 219 bitcoins in the month, 22% more than in June.