Mining Financial News

28.01 / 00:25

cryptocurrency BTC Mining Bitcoin network Bitcoin Mining Network Hits New Record Hash Rate Above 300 EH/s

According to Bitcoin mining data tracking website MiningPoolStats, Bitcoin’s hash rate hit a new record high earlier this week. According to the website, the network reached the milestone of computing three hundred quintillion (300,000,000,000,000,000,000) hashes per second (300 EH/s).

27.01 / 08:29

business Mining regulation NASDAQ shares Bitcoin class action Argo Blockchain accused of misleading investors in class action lawsuit

Investors of crypto mining firm Argo Blockchain have filed a class action lawsuit accusing the miner of making untrue statements and omitting key information during its initial public offering (IPO) in 2021.

27.01 / 08:29

business Mining Energy Court Bitcoin Power Bitcoin Miner Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court

Canada-based Bitcoin (BTC) miner Hut 8 Mining Corporation has ramped up its ongoing fight with its power supplier for one of its mining sites, filing a lawsuit in a Canadian court.

26.01 / 14:33

Blockchain Mining wallet proof-of-work Electricity Smartphone Bitcoin How to mine Bitcoin at home

Bitcoin mining (BTC) is the process of adding transactions to the Bitcoin blockchain, a decentralized public ledger of all Bitcoin transactions. Miners use powerful computers to solve complex mathematical puzzles, known as proof-of-work (PoW), to validate transactions and add them to the blockchain. In return, miners receive newly minted BTC as a reward for their work.

25.01 / 22:11

markets Mining Federal Reserve Bitcoin Bitcoin Price $1.48B in Bitcoin options expire on Friday — Will BTC hold $22K?

Bitcoin investors' sentiment improved after signals pointing to lower inflationary pressure suggested that the U.S. Federal Reserve could soon move away from its interest rate increase and quantitative tightening. Commonly known as a pivot, the trend change would benefit risk assets such as cryptocurrencies.

25.01 / 13:11

Mining Blockstream Blockstream Secures $125 Million in Funding for Bitcoin Mining Operations

Digital asset infrastructure firm Blockstream has secured $125 million in funding aimed at expanding its bitcoin mining facilities.

25.01 / 01:37

business Mining Funding Bitcoin Bitcoin Price Blockstream raises $125M to finance expanded Bitcoin mining operations

Digital asset infrastructure company Blockstream has raised $125 million to finance its Bitcoin (BTC) mining colocation services, underscoring heightened demand for its institutional hosting services amid the bear market.

24.01 / 10:31

business Law Mining regulation Bloomberg Bankruptcy Bitcoin Backed Bitcoin Miner BlockFi to sell $160M in Bitcoin miner-backed loans: Report

Bankrupt crypto lending firm BlockFi has plans to sell off $160 million in loans backed by around 68,000 Bitcoin mining machines as part of bankruptcy proceedings, according to reports.

23.01 / 22:47

markets Mining Bitcoin Bitcoin Price Bitcoin miners’ worst days may have passed, but a few key hurdles remain

Bitcoin’s mining industry has been relatively stable compared to the bearish price action and the tumultuous fallout of exchanges and lending companies.

23.01 / 16:55

business Mining NASDAQ stocks Bitcoin Bitcoin Miner compliance Bitcoin miner Argo regains compliance with Nasdaq minimum bid price rule

Amid bullish action on cryptocurrency markets, Bitcoin (BTC) mining firm Argo Blockchain has regained stock listing compliance with Nasdaq.

21.01 / 02:03

markets Blockchain Mining Bitcoin Bitcoin Price BTC Miners Bitcoin price rally provides much needed relief for BTC miners

Bitcoin mining powers network transactions and BTC price. During the 2021 bull run, some mining operations raised funds against their Bitcoin ASICs and BTC reserves.

20.01 / 18:55

Mining Universities Bitcoin Bitcoin mining in a university dorm: A cooler BTC story

The humble university dorm is a place for students taking their undergraduate degrees to study, rest, make new friends, host wild dorm parties and, of course, mine Bitcoin (BTC).

19.01 / 23:59

business Mining stocks Bitcoin Bitcoin Miner Bitcoin miner CleanSpark expands operations in Georgia

Bitcoin (BTC) miner CleanSpark is expanding operations in the state of Georgia, adding to its mining capacity despite the ongoing bear market.

17.01 / 11:29

Mining NASDAQ stocks Crypto mining stocks surge to yearly highs after Bitcoin bounces back

The Bitcoin (BTC) price rebound to a multi-month high has rubbed onto the mining stocks as well. Many of these crypto-mining stocks recorded their best monthly performance in a year. The surge in mining stocks also came as a relief for the troubled miners who had to sell a significant chunk of their mined coins to boost liquidity last year.

16.01 / 15:09

Mining Bitcoin Mining Difficulty Why Bitcoin Hash Rate and Mining Difficulty Headed Higher is Great News for Bulls

The difficulty of mining a bitcoin block has increased by around 10% during the latest adjustment, suggesting that more miners are coming back online as prices continue to recover.

16.01 / 13:53

MARKET Mining proof-of-work Bitcoin Hive Blockchain Shares Are Up 100% YTD, Deploys Intel’s Blockscale Chip For Bitcoin Mining Machines

The shares of Bitcoin (BTC) mining firm Hive Blockchain (HIVE) are up more than 100% since the year began, while it just recently deployed its first machines based on Intel's (INTC) Blockscale chips.

14.01 / 20:33

business Mining regulation New York State New York sued by environmental group after approval of crypto mining facility: Report

The New York Public Service Commission (PSC) was sued by environmental activists on Jan. 13 for approving the takeover of a cryptocurrency mining facility in the state.

13.01 / 23:21

business Mining Loans Bitfarms Bitfarms seeks to modify loan facility with BlockFi as bear market drags on

Bitcoin (BTC) mining company Bitfarms has unveiled plans to modify an existing loan agreement with BlockFi — a move the company said would reduce its indebtedness amid the bear market.

13.01 / 21:17

business Mining Bankruptcy Celsius' mining arm announces $1.3M sale of equipment

The mining arm of crypto lender Celsius Network has issued a notice for the sale of $1.3 million worth of mining equipment as part of its bankruptcy case.

12.01 / 20:15

business Mining Bitcoin Time Mining Bitcoin at home — Is it time to start? Market Talks

On this week’s episode of Market Talks, Cointelegraph welcomes Justin Kramer, CEO of Badgerland Home Crypto Mining — a home-based crypto mining equipment business.

11.01 / 14:15

business Mining Bitcoin Argo Blockchain mines 25% less Bitcoin due to winter storm at Helios

Publicly-listed Bitcoin (BTC) mining company Argo Blockchain saw a significant drop in mining activity in December due to a winter storm in Texas.

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