Mining Financial News

26.05 / 05:35

business Mining SEC NVIDIA Nvidia shares plunge after Q1 figures, crypto mining card revenue 'nominal'

American graphics card manufacturer Nvidia’s stock price tumbled in after hours trading on Thursday because the revenue outlook for Q2 has fallen short of expectations.

25.05 / 21:37

Mining proof-of-work POW Bitcoin Consumption Anatha founder addresses concerns around energy consumption, asset volatility

Cryptocurrencies represent significant potential for their ability to equalize the playing field. With this form of digital asset, anyone, regardless of their place of birth, has equal rights to participate in the financial market.

25.05 / 19:39

Blockchain Adoption Mining guidelines Tax guidelines for crypto mining pass the first reading in Kazakhstan

Kazakhstan, one of the global leaders in crypto mining with a recent history of hostile measures against the industry, is taking a step toward a comprehensive fiscal framework for mining operators.

25.05 / 08:51

Ethereum Mining proof-of-work Consensus Support OpenEthereum support ends with the Merge fast approaching

One of the most popular Ethereum (ETH) clients, OpenEthereum has ended support for its software in preparation for the upcoming Ethereum Merge.

23.05 / 22:33

markets Mining Bitcoin Bitcoin’s current setup creates an interesting risk-reward situation for bulls

The Bitcoin (BTC) chart has formed a symmetrical triangle, which currently holds a tight range from $28,900 to $30,900. This pattern has been holding for nearly two weeks and could potentially extend for another two weeks before price makes a more decisive movement.

20.05 / 22:57

business Mining Crypto miners 3K+ Bit Digital hosting partner's crypto miners go offline after explosion and fire

New York-headquartered crypto mining firm Bit Digital reported two of its hosting partners ceased operations to more than 4,800 rigs following power disruptions at different facilities.

20.05 / 00:25

markets Mining Bitcoin Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market

Bitcoin (BTC) support at the $30,000 level has proven to be quite resilient amidst the turmoil of the past two weeks with many tokens in the top 100 now showing signs of consolidation after prices bounced off their recent lows.

19.05 / 15:19

Mining Square Lightning Network Bitcoin boost Block Expects Bitcoin To Disrupt Legacy Payments, Boost Its Business

Fueled by the ongoing expansion of the Lightning Network, bitcoin (BTC) has the potential to disrupt the existing legacy payment networks the world over -- and Block, the payments company formerly known as Square,hopes to use the cryptocurrency to boost its presence across the globe.

19.05 / 05:09

Payments Mining regulation Russia will inevitably legalize crypto payments says trade minister

Russia will legalize crypto payments “sooner or later” according to the Ministry of Industry and Trade of the Russian Federation, Denis Manturov.

17.05 / 13:51

Mining Bitcoin Hashrate China’s Global Bitcoin Hashrate Share Leaps up from Zero to Over 21% - Report

The latest Cambridge Bitcoin Electricity Consumption Index (CBECI) hashrate figures will make interesting reading for anyone in the Bitcoin (BTC) mining space.

16.05 / 21:15

business IPO Mining SEC network Celsius Network's crypto mining subsidiary SEC filing suggests plans for IPO

Celsius Mining, the mining subsidiary of crypto lending platform Celsius Network, has filed paperwork with the United States Securities and Exchange Commission, or SEC, suggesting plans for an initial public offering (IPO).

10.05 / 20:21

BTC Mining Bitcoin Bitcoin Miners About to Be Hit With Record Difficulty as Profitability Drops

Work is about to become harder for Bitcoin (BTC) miners, as mining difficulty is set for another all-time high (ATH) in a matter of hours, which will be the second one in a row, once again cutting into the already decreasing profit margins of miners.

06.05 / 18:53

business Blockchain Mining Controlling 17% of BTC hash rate: Report on publicly listed mining firms

The Cointelegraph Research Terminal, the leading provider of premium databases and institutional-grade research on blockchain and digital assets, has added a new report to its expanding library. The latest paper looks at a particular group of players in the Bitcoin (BTC) mining industry. Published by crypto consulting firm Crypto Oxygen, the report highlights the current landscape of publicly listed crypto mining companies that control approximately 17% of the total hash rate of the entire Bitcoin network.

05.05 / 18:47

business Mining Texas Bitcoin Argo Blockchain facility in West Texas expects to start mining Bitcoin in May

Crypto mining company Argo Blockchain’s plans to open a data center in West Texas are likely nearing completion following an inauguration ceremony.

27.04 / 18:09

BTC Mining Bitcoin Mining Difficulty Time Bitcoin Mining Difficulty Nears Another All-Time High while BTC Trends Lower

Bitcoin (BTC) mining difficulty is set to hit yet another all-time high (ATH) today, less than a month after the previous one, cutting into the decreasing profit margins of miners.

27.04 / 14:03

BLOCK Mining Bitcoin Another Bitcoin Solo Miner Wins the Block Race

A solo Bitcoin (BTC) miner with a hashrate capacity of 60 terahashes per second (TH/s) has added a new block to the Bitcoin blockchain, registering the block reward of BTC 6.25 (USD 244,074).

26.04 / 13:43

Mining Ecology Bitcoin Bitcoin Mining Efficiency Up 63% in Year, 'Sustainable Electricity Mix' Jumped 59% - Bitcoin Mining Council

Bitcoin (BTC) mining is becoming more efficient while firms are increasingly using green energy for their mining operations, according to a recent survey by the Bitcoin Mining Council (BMC), a voluntary global forum of Bitcoin mining companies.

26.04 / 05:41

Mining Sustainability Energy Bitcoin BTC Mining Energy usage Sustainable energy usage for BTC mining grows nearly 60% in a year

Bitcoin (BTC) mining companies are further adopting green energy as the global Bitcoin mining industry increased its sustainable energy mix by approximately 59% year over year.

25.04 / 11:29

Mining Bitcoin Bitcoin Miner American Bitcoin Miner Aims to Sell USD 30M Equipment in Russia to Avoid Sanctions

US-based Bitcoin (BTC) & crypto mining company Compass Mining aims to sell USD 30m worth of mining gear currently stuck in Siberia to buyers in Russia in a bid to avoid possible sanctions by the US and the EU.

21.04 / 17:11

Mining regulation Bitcoin Russian central bank needs to ease up digital asset projects, governor says

The Russian central bank governor Elvira Nabiullina has admitted that the Bank of Russia might have taken a bit too tough a stance on digital assets and should look to reconsider that.

18.04 / 18:25

markets Mining Trading proof-of-work Decred price soars 45% in one day three weeks before a major hard fork

Decred (DCR) prices soared by as much as 45% on April 18 before paring some gains as traders bet on a major hard fork that aims to prevent pump-and-dump schemes by miners.

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