Mining Financial News

28.08 / 05:13

Blockchain Mining Hash Rate Bitcoin Hashrate Bitcoin revenue per terahash nears record lows as hashrate soars

Bitcoin mining revenue or “hash price” — a measure of dollars earned per TH/s per day — has slumped to levels not seen since the collapse of FTX in November 2022, while hash rate has reached new highs.

27.08 / 02:21

Twitter Mining Latin America Tether Bitcoin Tether CTO stays silent on Bitcoin mining locations

Paolo Ardoino, chief technology officof stablecoin issuer Tether (USDT), recently found himself addressing rumors about edited images of large containers online. These speculations led him to rejecting questions about where Tether is mining Bitcoin (BTC).

25.08 / 03:31

business Mining Cloud Storage Cloud Mining Dropbox ditches unlimited storage offering, blaming crypto cloud miners

The online storage platform Dropbox has binned its unlimited storage plan after discovering some of its users were using the service for resource-intensive purposes like mining crypto.

24.08 / 17:35

markets business Mining interview Bitcoin Bitcoin Price Future BTC Mining The future of BTC mining and the Bitcoin halving

On the latest episode of Cointelegraph’s Market Talks, host Ray Salmond spoke with Dan Rosen, associate director of derivatives at Luxor, a United States-based Bitcoin (BTC) mining pool, research hub and service provider.

22.08 / 08:33

Adoption Mining Middle east Oman launches $370M crypto mining center: Report

The Sultanate of Oman, a 4.5-million populated nation, neighboring Saudi Arabia and the United Arab Emirates, has launched a new crypto mining center, the second mining facility to open in the country in ten months.

22.08 / 00:29

business Blockchain Mining Crypto miner Hive Digital CEO sees AI working in unison with blockchain

Crypto mining firm Hive Blockchain sent a signal to the tech industry when it dropped “blockchain” from its namesake in July, opting to call itself Hive Digital Technologies and reflect its artificial intelligence foray.

21.08 / 14:43

Mining renewable energy Bitcoin Renewable energy Bitcoin mining company powers up in Sweden

Sweden has welcomed a hydro-powered Bitcoin (BTC) mining data center.

20.08 / 18:09

business Law Mining Court Bitcoin Gryphon Digital seeks court dismissal of Sphere 3D's lawsuit

Crypto miner Gryphon Digital is seeking dismissal from a lawsuit brought by its former partner Sphere 3D over a spoofing attack that resulted in 26 Bitcoins (BTC) being transferred to a fraudulent address.

17.08 / 15:11

Blockchain Mining Tether Bitcoin Bitcoin Price Tether CTO Paolo Ardoino says Bitcoin mining needs better analytical tools

Stablecoin issuer Tether (USDT) is building specialized software to optimize Bitcoin mining and renewable energy operating using data analytics, following recent investment endeavors into both categories.

17.08 / 11:01

Blockchain Mining ASIC Mining Pools Bitcoin Bitcoin mining researchers claim new tech ups winning hash chance by 260%

Quantum Blockchain Technologies (QBT) — a research company based in the United Kingdom — has developed artificial intelligence (AI)-powered algorithms that could significantly increase the mining winning probability of certain ASIC Bitcoin (BTC) miners, its CEO Francesco Gardin said in an interview with Cointelegraph.

16.08 / 15:03

Blockchain Mining BTC Markets Bitcoin Satoshi-era Bitcoin awakens - 1005 BTC mined in 2010 on the move

A Bitcoin (BTC) wallet containing 1,005 BTC mined in 2010 has reawakened, with an anonymous user moving the long dormant coins to new addresses in a number of different transactions.

16.08 / 12:27

Mining scam Legal Fraud Court Filecoin Major Chinese Filecoin Miner Accused of Orchestrating $83.2 Million Pyramid Scheme

A Chinese local court has started the trial in the case of Shenzhen Shikongyun (Space-Time Cloud) Technology, a major Filecoin mining firm, for an alleged $83.2 million pyramid scheme.

16.08 / 05:55

Blockchain Mining regulation Bitcoin Washington DC Lobby Crypto mining lobby group to dispel misconceptions in Washington DC: Founder

The United States crypto mining industry is getting a new lobbying group, with one of its biggest goals to dispel misconceptions about its sustainability from policymakers.

15.08 / 15:37

Blockchain Mining Blockstream ASIC Mining Pools Bitcoin Perfect storm for undervalued ASICs: Blockstream plans $50M raise to buy miners

Blockchain technology firm Blockstream is looking to raise up to $50 million to purchase and store mining equipment that it perceives to be undervalued on secondary markets.

14.08 / 15:09

Mining ASIC Mining Pools Bitcoin USBTC TeraWulf increases self-mined BTC in Q2, while Hut8 looks to USBTC merger

Bitcoin (BTC) mining firm TeraWulf has seen a drastic increase in BTC rewards since increasing its mining capacity in the first half of 2023.

10.08 / 00:13

business Blockchain Mining Press Release Bitcoin Riot Riot Platforms Bitcoin Miner Bitcoin miner Riot Platforms trims Q2 loss to $27.7M

Colorado-based Bitcoin mining firm Riot Platforms narrowed its second quarter net loss to $27.7 million as it ramped up its Bitcoin production and reached record hash rate capacity.

09.08 / 19:47

business Mining stocks Financial Bitdeer, B. Riley Financial enter into agreement for $150M share purchase

Bitdeer, a crypto mining firm spun off from mining manufacturer Bitmain, has entered into an agreement with the special purpose acquisition company (SPAC) B. Riley Financial to sell up to $150 million of its Class A ordinary shares.

08.08 / 23:05

business Mining Marathon Marathon Digital Q2 results miss revenue and earnings forecasts

Crypto mining firm Marathon Digital missed earnings and revenue expectations with its second-quarter 2023 results.

08.08 / 22:39

business Mining Bitmain Asset management Bankruptcy stake Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage

Cryptocurrency custody firm Anchorage Digital and major mining manufacturer Bitmain could take equity stakes in Core Scientific as part of the firm’s restructuring plan.

08.08 / 17:33

business Mining Television AIM Futurama’s latest reboot takes aim at Bitcoin miners

The animated science fiction cartoon series Futurama, which was created long before Bitcoin (BTC) was even a gleam in Satoshi Nakamoto’s eye, poked fun at cryptocurrency miners in the third episode of its most recent iteration.

06.08 / 07:53

business Technology Mining Tether Bitcoin boost Tether unveils mining software to boost efficiency and capacity

Tether developers are set to release innovative JavaScript libraries created to facilitate the transmission of commands and signals to Bitcoin (BTC) mining hardware, including WhatsMiner, AvalonMiner and Antminer.

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