Mining Financial News

21.10 / 23:17

markets Mining Bitcoin Here's how Bitcoin pro traders plan to profit from BTC’s eventual pop above $20K

Bitcoin (BTC) entered an ascending channel in mid-September and has continued to trade sideways activity near $19,500. Due to the bullish nature of the technical formation and a drop in the sell pressure from troubled miners, analysts expect a price increase over the next couple of months.

21.10 / 21:43

business Mining Energy Court network Financial Celsius Network defaults on payments to Core Scientific, causing financial unrest

Crypto lender Celsius Network's legal journey has gained another chapter as Bitcoin miner Core Scientific accused the company of refusing to pay its bills since filing for Chapter 11 bankruptcy, according to court papers filed on Oct. 19.

21.10 / 14:05

Mining Bitcoin Q3 Costs Low Low hash price, soaring energy costs spell tough Q3 for Bitcoin miners

Energy problems in North America and Europe and prevailing market conditions have spelled another bleak quarter for Bitcoin (BTC) mining operators on both continents.

17.10 / 11:23

business Binance Mining Crypto miners Support Binance launches $500M lending project to support crypto miners

Binance Pool, a mining subsidiary of Binance, launched a $500 million lending project to support the crypto mining industry. It will provide loans to private blue-chip Bitcoin (BTC) crypto miners.

15.10 / 15:33

Binance Mining 500 Binance Announces $500 Million Funding for Bitcoin Mining

Binance Pool, the crypto mining services arm of cryptocurrency exchange Binance, aims to support Bitcoin miners to weather the crypto winter with a $500 million loan.

07.10 / 16:57

Adoption Mining Grayscale Investments Announces New Bitcoin Mining Venture

Grayscale Investments, the world's largest crypto assets manager, has announced the creation of a new entity called Grayscale Digital Infrastructure Opportunities LLC (“GDIO”) that will focus on Bitcoin mining infrastructure investments.

06.10 / 16:11

Mining Investments Trading Bitcoin How to earn passive crypto income with Bitcoin

Bitcoin (BTC), along with other cryptocurrencies, has provided people with a venue to earn passive income, making money without any active involvement. One doesn't need to take unnecessary trading risks or spend time reading and analyzing reams of information.

30.09 / 15:41

Mining Staking The Best Bitcoin & Crypto Mining Sites for 2022

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

27.09 / 01:43

Blockchain Ethereum Mining proof-of-work The path moving forward for ex-Ethereum miners remains unclear

It’s been nearly two weeks since Ethereum made its historic transition from proof-of-work to proof-of-stake, and some ex-ETH miners say they remain clueless on how to move forward.

26.09 / 23:36

Mining wallet Investment community NOT Have Helium Leaders Been Lining Their Own Pockets While Not Delivering on Product?

26.09 / 15:13

Mining Investment Bitcoin Bitcoin Miner stake B Riley to Take $100 Million Equity Stake in Publicly Listed Bitcoin Miner Iris Energy

26.09 / 13:26

Ethereum Mining GPU Drop China GPU prices drop to new lows after the Ethereum Merge

As the Ethereum network’s move to a proof-of-stake (PoS) consensus mechanism drives adoption from institutional investors, the prices for graphics processing units (GPUs), often used for mining cryptocurrencies like Ether (ETH), have gone down in China.

24.09 / 15:31

Blockchain Mining proof-of-work Bitcoin What is a cryptocurrency mining pool?

In the early days of Bitcoin (BTC), crypto enthusiasts only required a basic personal computer with an internet connection to generate new BTC tokens through a distributed computing process known as mining.

23.09 / 22:35

business Mining Bitcoin Miner stake B. Riley may purchase up to $100M stake in Bitcoin miner Iris Energy

Australia-based crypto mining firm Iris Energy has signed a deal with B. Riley giving the capital market company the option to purchase up to 25 million of its shares.

20.09 / 18:15

markets Ethereum Mining Burn Ethereum miners dump 30K ETH, stonewalling 'ultra sound money' deflation narrative

Ethereum's switch to proof-of-stake (PoS) on Sep. 15 failed to extend Ether's (ETH) upside momentum as ETH miners added sell-pressure to the market.

18.09 / 12:47

Blockchain Ethereum Mining Decentralization Flashbots build over 82% relay blocks, adding to Ethereum centralization

Following the completion of The Merge upgrade, Ethereum (ETH) transitioned into a proof-of-stake (PoS) consensus mechanism, helping the blockchain become energy efficient and secure. However, mining data reveals Ethereum’s heavy reliance on Flashbots — a single server — for building blocks, raising concerns over a single point of failure for the ecosystem.

13.09 / 21:27

business Mining Tokens Withdrawals Crypto miner Poolin offers IOU tokens after suspending withdrawals

Poolin, one of the largest Bitcoin mining pools by hash rate, has announced it will be issuing IOU tokens in an effort to “minimize the impact of withdrawal suspension” for users.

13.09 / 14:40

Provident Mining RIG Bitcoin Best Bitcoin & Crypto Mining Rigs, Reviewed for 2022

Cryptocurrency mining is one of the most innovative and excited ways to take part in the global crypto markets.

12.09 / 21:43

Mining Investments Bitcoin Bitcoin Price Glimpses of positive momentum in an overall bearish market? Report

Look at different segments of the blockchain industry, they seem to react to events in the broader world. While one segment like nonfungible tokens (NFTs) could experience a sudden rise in interest and investment, other areas like decentralized finance (DeFi) may be slowing or stagnant. It is no different for the month of August, which saw positive signs, such as Bitcoin’s long-term-holder numbers nearly reaching its previous all-time high of over 13.6 million. Other segments, such as GameFi, experienced a 13.8% decrease in new users in the space from July.

12.09 / 19:02

Mining Monero Bitcoin trudeau Canadian Bitcoiner to Challenge Trudeau in 2025, Huobi Delists XMR & DASH + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

09.09 / 21:39

Blockchain Technology Mining Hardware acquires CleanSpark acquires mining facility in Georgia for $33 million

Crypto mining firm CleanSpark announced an agreement on Friday to acquire Mawson's bitcoin mining facility in Sandersville, Georgia for $33 million. The deal is anticipated to increase CleanSpark's hashrate by 1.4 exahashes per second (EH/s) in the next few months, and to 7.0 EH/s by the end of next year.

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