Bitcoin Mining Firm Core Scientific Filing Chapter 11 Bankruptcy

Bitcoin News B. Riley wanted to forestall a Chapter 11 bankruptcy filing. The US-based mining corporation sold off 1576 BTC during the month of September. Numerous companies operating in various subse...

Coinbase hit an all-time low yesterday but says it’s not all bad news. Mostly.

It’s been a tough year for crypto. But Coinbase, whose stock has been flirting with an all-time low, laid the ground for optimism in its 2023 Crypto Market Outlook. Factors including susta...

Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG – Mining Bitcoin News

The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the non-binding term sheet...

Crypto Mining Firm Canaan Has Seen Its Profits Collapse

Canaan – a large manufacturer and distributor of bitcoin and crypto mining equipment – has seen its profits and revenue plunge over the course of the last several months. Thus far, net income for the ...

Microsoft Escalates Restrictions Against Crypto Mining

The ongoing ban started without public notification, as reported by The Register. According to Microsoft’s new update on the product terms, cryptocurrency mining is prohibited on Microsoft’s online se...

Huobi to delist its mining pool token HPT and others

Huobi suspends trading of its mining pool token HPT and several others starting Dec. 23. Several tokens, including Huobi’s mining pool token HPT, as well as CNNS, FAIR, GTC, BHD, HOT, YCC, MTN, COL, R...

Bitcoin mining jumps 3.27% after substantial dip. What does luck have to do with it?

Bitcoin mining difficulty in October had its highest spike since last summer, when China cracked down on the industry and forced mining firms to flee to other countries. Meanwhile, its lowest ebb sinc...

Bitcoin mining difficulty to end year rising by 3%

Bitcoin mining difficulty is expected to increase by at least 3% on Dec. 19 for the final adjustment of the year, according to Bitrawr Bitcoin difficulty estimator. Source: Bitrawr According to the da...

While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher – Mining Bitcoin News

Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, at block height 766,080. During the last 2,016 blocks, Bit...

Crypto Mining and Electric Vehicles Likely to Impact Future Energy Consumption

Electric vehicles (EVs) and cryptocurrencies are nothing short of evolution in their respective domains. Although both the entities are different from each in terms of their operations, customers bein...

Mining in the wake of the ‘Merge’ & cost of Living crisis w/ChumpchangeXD – GotGh Podcst #1

Highlights The state of cryptocurrency mining following a recent event called the “merge” The effect of the merge on mining profitability The rise in electric rates for miners The potentia...

Markets for Critical Minerals Are Too Prone to Failure

Text size Workers inspect an open cast at Arcadia Lithium mine on January 11, 2022 in Goromonzi, Zimbabwe. Tafadzwa Ufumeli/Getty Images About the authors: Cullen Hendrix is senior fellow at the Peter...

Microsoft Cites Safety Concerns for Cloud Service Customers—Bans Crypto Mining

Microsoft put a ban on its crypto mining operations. Recently the operating system giant reported a halt given the security of its other services. Majorly, the company anticipates safeguarding its clo...

Steel Stocks, Mining Giants React As China Iron Ore Consortium Enters Market

China is set to shake up the iron ore industry in 2023, with a Beijing-created consortium set to become the biggest buyer of the key ingredient in steel manufacturing as soon as next year. Mining stoc...

Gold prices end higher, pare their loss for the week

Gold futures ended higher on Friday after a volatile week that saw prices climb to a nearly six-month high but post a weekly decline, pressured by expectations for higher U.S. interest rates. Price ac...

Mining Firm Core Scientific’ Stock Surges 2x Post $72M Funding

34 seconds ago | 2 mins read Bitcoin News Since January 2022, the NASDAQ-listed company’s stock has dropped by over 95%. The prospect of the company going bankrupt was also included in the earlier sta...

Microsoft bans crypto mining on its cloud services

Microsoft has updated its acceptable use policy to clarify that crypto mining is now banned unless prior approval is given. An updated policy In a move that was not publicised, Microsoft has quietly c...

The Eco-Friendly Bitcoin Mining Pool to Launch 2023

PEGA Pool is a Bitcoin mining pool where clients who own ASIC miners connect to its network in order to mine Bitcoin together. Bitcoin mining is a fiercely competitive industry, but it’s also hard to ...

Crypto Mining Ponzis That Made $8.4M Face Charges.

A multitude of people who are responsible for creating and promoting two cryptocurrencies that are suspected of being fake face a litany of accusations that could send them to prison for a period of t...

Charges laid over alleged ‘crypto mining’ Ponzis that netted $8.4M

United States prosecutors have laid charges in two separate cases against nine people who founded or promoted a pair of cryptocurrency companies alleged to be Ponzi schemes that netted $8.4 million fr...

Japan is Joining Hands with The Crypto Miners to Power Mining

Japan’s policy choices are furthering sustainable cooperation with its cryptocurrency miners. Bitcoin Mining in Japan Japan-based utility, Tokyo Electric Power (TEPCO) is collaborating with mining equ...

Microsoft Forbids Cloud-Crypto Mining! – TheNewsCrypto

Microsoft bans cloud crypto mining services. Special approvals required for special cases in regards with crypto mining upon Microsoft cloud.  Cloud based crypto mining expected to surpass higher prof...

How hard has this bear market been for Bitcoin mining? Watch Market Talks on Cointelegraph

On this week’s episode of Market Talks, Cointelegraph welcomes Drew Vosk, founder of VoskCoin, a cryptocurrency YouTube channel with over 607,000 subscribers. This week, we take a deep dive into all t...

Microsoft restricts crypto mining on its cloud

Microsoft has announced that it has banned the usage of its cloud services for crypto mining purposes. The computing giant mentioned that the decision was taken to ensure more stability of the service...

Tech Behemoth Microsoft Bans Crypto Mining on Cloud Platform

Bitcoin News Specifically, the update prevents users from mining on any Microsoft online service. Microsoft’s new policy limits cryptocurrency mining on its cloud services. Microsoft updated its terms...

Core Scientific continues its rally

Despite most mining stocks falling, Core Scientific continued its rally by finishing up 72% today.  Bitcoin was valued at around $17,400 at the close on Thursday, Dec. 15, according to data from...

Microsoft Quietly Bans Crypto Mining From Cloud Services

In an effort to stabilize its cloud services, Microsoft’s updated terms are restricting access to Bitcoin and crypto mining.  Any users who intend to do so now must receive pre-written approval from t...

Microsoft bans crypto mining on cloud services

In response to the increasing number of people using cryptocurrencies, Microsoft has quietly banned mining digital coins on its services. Also, its acquisition of Activision Blizzard was blocked earli...

Why Microsoft Banned Crypto Mining For Its Online Services

According to The Register’s report, big tech giant Microsoft banned crypto mining from its “Azure” cloud services. The company updated its Universal License Terms for Online Services, issued in early ...

Microsoft Bans Crypto Mining From Its Servers

Microsoft has modified its policy terms to make it clear that mining cryptocurrencies on its online services are not permitted without prior authorization. The upgrade, which is applicable to all user...

Microsoft bans cryptocurrency mining on cloud services

Cloud computing giant Microsoft is taking measures to increase stability of its cloud services by forcing new restrictions for activities like cryptocurrency mining. Microsoft has quietly banned crypt...

Bitcoin mining powers Dutch tulip hothouses

A cryptocurrency miner and a flower grower have joined forces to reduce costs and increase efficiency. The two companies, based in the Netherlands, are using blockchain technology to streamline their ...