Mining Financial News
09.12 / 21:05
Mining
Ban
Bitcoin
Hashrate
recovery
Bitcoin Hashrate Close to Full Recovery After China’s Mining Ban
The hashrate, or the computational power of the Bitcoin (BTC) network is close to a full recovery after a massive migration of miners out of China following a ban on mining and other crypto-related activities there in May this year.
08.12 / 20:04
Mining
Investing
NVIDIA
Bitcoin
Top 7 Bitcoin & Crypto Mining Stocks You Could Add to Your Stock Portfolio
With the price of bitcoin (BTC) pushing for yet another all-time high before its latest drop, and with the recent shake-up in hash power distribution following China’s bitcoin mining ban last summer, bitcoin mining operations have been enjoying substantial profits.
03.12 / 03:27
Mining
regulation
Latin America
Bitcoin
debate
Paraguayan Senate to Debate Taking Bitcoin Mining ‘Out of the Grey Area’
Paraguay is inching closer to legalizing Bitcoin (BTC) and crypto mining – and potentially opening up its huge hydroelectric power capacity to industrial miners – with more senators lending their support to a key proposal.
02.12 / 07:11
Technology
Mining
wallet
Bitcoin
In 2013, Wired destroyed the key to 13 Bitcoin now worth $760K... to make a point
There has been no shortage of people and institutions that woefully underestimated the potential of cryptocurrency.
29.11 / 15:33
BLOCK
Mining
Bitcoin
Mining Difficulty
Bitcoin Mining Difficulty Breaks the Longest Gain Streak Since 2018
Bitcoin (BTC) mining difficultly dropped this past Sunday for the first time in four months.
26.11 / 20:04
business
Mining
Google
Cloud Storage
Google Cloud
Hackers can use compromised Google Cloud accounts to install mining software in under 30 seconds: report
In a report aimed at assessing threats to Cloud users, Google’s Cybersecurity Action Team said that some attackers are exploiting “poorly configured” accounts to mine cryptocurrency.
25.11 / 05:27
business
Mining
Funding
valuation
Celsius expands funding round to $750M, tips $7B to $10B valuation in 2022
Crypto lending firm Celsius Network has expanded its $400 million Series B round from October to $750 million as a result of oversubscription in the firm’s capital raise.
23.11 / 08:11
Mining
Bitcoin
Power
Texan Bitcoin mining power demands could jump 5 times by 2023
As the state of Texas faces a rapid influx of Bitcoin mining operations, its electrical infrastructure will have to support the industry’s expected 5,000 megawatts (MW) of additional power demands by 2023.
18.11 / 21:15
Blockchain
Mining
information
Canadian Bitcoin mining company now offers a bridge for the information and solutions gap in blockchain
Those unfamiliar with blockchain may be quick to assume that its uses are focused on financial services. However, this is only a single application of how the technology can help accelerate traditional business practices. Among other examples are the safe storage and transfer of records in the medical industry, providing transparency to records in the food supply chain and accelerated processing in the insurance industry, to name a few.
18.11 / 19:07
business
Mining
Bitcoin Miner
Bitcoin miner to go public on Nasdaq after $4B SPAC merger
Bitdeer Technologies Holding Company, a Singapore-based Bitcoin (BTC) mining corporation, has announced that it has entered into a definitive merger agreement with Blue Safari Group Acquisition Corp. for a business combination of Blue Safari and the miner.
16.11 / 01:17
Mining
Bitcoin
Top Chinese Official Booted out For ‘Supporting Crypto Mining Activities’
A top Chinese regional official has been expelled from the Chinese Communist Party – and may face heavy punishment for allegedly “supporting” crypto mining in exchange for bribes and sex.
13.11 / 02:53
Mining
proof-of-work
Internet of Things
Bitcoin
Altcoin Roundup: 3 Proof-of-work protocols focused on building Web 3.0
The proof-of-work (PoW) consensus model is the mechanism that kicked off the revolution that launched Bitcoin (BTC) in 2009 and it was the model of choice behind many of the popular projects in the early fledgling years of the crypto ecosystem.
12.11 / 18:29
MARKET
Mining
Bitcoin
Bitcoin Miners See High Prices as 'Opportunity,' Become Sellers
Bitcoin (BTC) miners have once again turned into net sellers of bitcoin, with miner inventories dropping to levels not seen since early September. However, miners aren’t necessarily turning bearish “en masse,” although some are looking to offload “excess inventory,” according to an analyst.
11.11 / 08:05
Mining
Energy
Bitcoin
Power
Nuclear power
Bitcoin miners look toward nuclear power for sustainable energy
Major players in the Bitcoin (BTC) mining industry have their sights set on nuclear energy as pressure mounts to go green.
10.11 / 23:51
business
Mining
Energy
Crypto miners
Influx of crypto miners to Kazakhstan reportedly strains energy supply
Now responsible for the second biggest contribution to the Bitcoin hashrate, Kazakhstan’s energy grid may be unprepared to handle the addition of many cryptocurrency miners from China and others looking to capitalize on low cost electricity.
09.11 / 19:35
business
Mining
SEC
Argo Blockchain files for $57.5 million offering of secured notes to fund Texas mining facility
United Kingdom-based crypto mining company Argo Blockchain will be funding part of the building and equipment of its planned 800-megawatt data center in West Texas through an offering of senior notes.
06.11 / 00:13
Mining
Latin America
Bitcoin
Green Bitcoin
Paraguay, Argentina Are ‘Targets for Crypto Miners’, May Provide Green Bitcoin Solution
“Several companies” are eyeing Latin America – and countries like Argentina and Paraguay in particular – as they look to create new bases for Bitcoin (BTC) and altcoin mining operations.
05.11 / 20:59
business
Mining
Bitcoin
Argo Blockchain's Texas mining facility could cost up to $2B
United Kingdom-based crypto mining company Argo Blockchain’s plans to build an 800-megawatt data center in West Texas could cost anywhere from $1.5 billion to $2 billion.
05.11 / 20:23
Blockchain
Digital Currency
Mining
Investments
Solana DEX positioned as third-generation exchange aimed to solve issues around old blockchain infrastructure
The increased popularity of Ethereum (ETH) has proven to be a double-edged sword. Its use has positioned the technology as valuable and great in potential, although also triggering increased congestion, making transactions slow and expensive.
03.11 / 22:25
business
Mining
Bitcoin
Marathon
Marathon Digital stock reaches 6-year high as company HODLs $460M Bitcoin
United States-based crypto mining company Marathon Digital Holdings holds more than $460 million in Bitcoin (BTC), mainly from mining and purchases since last year.
02.11 / 09:15
Mining
Bitcoin
Q3
Argo Blockchain mines record 597 BTC during Q3 2021
Cryptocurrency mining firm Argo Blockchain has just released its Q3 financial report detailing record setting revenues for the period.
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