US Bitcoin Corp – a North American Bitcoin mining firm – has been ordered to cease operations by a State Supreme Court Justice, or face penalties of $10,000 per day. If the miner continues to operate...
Tag: Mining
The Block: Bitcoin mining report: Jan. 26
Bitcoin mining stocks tracked by The Block were mostly higher on Thursday, with 13 gaining and 5 declining. Bitcoin rose 0.9% to $23,131 by market close. Here is a look at how the individu...
Miner US Aims to Establish Itself as the Industry Leader in the Cloud Mining Sector
The market for cryptocurrencies and the technology behind blockchains has witnessed phenomenal expansion over the course of the past decade. In spite of the fact that the value is susceptible to signi...
Bitcoin mining brings more than money to this East African country
A Bitcoin (BTC) mining project that taps into clean, stranded and excess hydro energy in Malawi, a landlocked country in southeastern Africa, has picked up steam. The company behind the project, Gridl...
Miner US Limited provide a reliable hash USDT cloud mining
Mining bitcoin was one of the most lucrative business opportunities available in the blockchain industry up until a few years ago. Currently, this is not the case. However, as more people entered the ...
The Block: Bitcoin mining report: Jan. 25
Bitcoin mining stocks tracked by The Block were mostly lower on Wednesday, with six gaining and 12 declining. Bitcoin fell 0.5% to $22,936 by market close. Here is a look at how the indivi...
Crypto firm raises millions for Bitcoin mining: Is the tide turning for CEXs
Crypto infrastructure firm Blockstream raised $125 million in convertible note and secured loan financing. Venture capital firm Kingsway Capital led the convertible note rise, with Fulgur Ventures par...
Blockstream Raises $125 Million for Mining Despite Industry Bloodbath
Bitcoin technology company Blockstream has raised $125 million to break further into Bitcoin mining—an industry whose top players have been struggling to stay afloat. Mining is the process by which B...
Nuclear-Powered Bitcoin Mining Center To Open in the US in 2023
In Pennsylvania, the first nuclear mining center in the United States has been finally completed. A 48-megawatt nuclear-powered bitcoin mining center is set to open on a massive 1,200-acre campus in t...
BlockFi to Sell $160 Million in Bitcoin Mining Machine
It would appear that the now-defunct cryptocurrency loan business BlockFi intends to dispose of debts worth approximately $160 million that are guaranteed by approximately 68,000 Bitcoin mining machin...
Mining Firm Argo Blockchain Resumes Trading on Nasdaq Stock Exchange
13 hours ago | 2 mins read Bitcoin News Nasdaq originally informed Argo that trading would be suspended on December 16. After seeing a 40% drop in share price, the company scrapped plans to raise $27M...
The Block: Bitcoin mining report: Jan. 24
Bitcoin mining stocks tracked by The Block were mostly lower on Tuesday, with seven gaining and the other 11 declining. Bitcoin rose 0.3% to $23,037 by market close. Here is a look at how ...
Celsius to store 20,000 mining machines, remains optimistic about new hosting sites
The mining arm of bankrupt lending firm Celsius will temporarily store 20,000 rigs it’s retrieving from Core Scientific and is optimistic about finding new hosting locations. The company h...
Despite market headwinds, bitcoin mining is booming
Join Our Telegram channel to stay up to date on breaking news coverage According to the most recent data, mining bitcoin has never been more difficult. After registering a remarkable spike of over 10%...
What Is A Crypto Miner And How Does Bitcoin Mining Work?
Bitcoin mining farm Getty Key takeaways The confusing world of crypto mining is all about computers, electricity and equations Hash rates and mining difficulty can show if the market is weak or strong...
BlockFi back to Sell Bitcoin Mining Machine-Backed Loans – Cryptopolitan
Crypto lender BlockFi Inc. was declared Bankrupt previously and now plans to sell about $160 million of loans backed by almost 68,000 Bitcoin mining machines. The New Jersey-based company filed for pr...
Bitcoin Mining Is Booming Despite Market Headwinds
Bitcoin mining has never been harder, according to the latest data. The network’s mining difficulty hit a new all-time high of 37.59 trillion hashes after posting a rare increase of over 10% on Januar...
Bankrupt BlockFi to Sell $160M in Bitcoin Mining Hardware Loans: Report
The embattled crypto company has around $160 million in loans backed by 68,000 Bitcoin mining rigs which it needs to sell. The New Jersey-based firm started the bidding process for the loans last year...
First Bitcoin Mining Powered By Nuclear Energy To Open In The U.S.
Positioning bitcoin mining with carbon-free sources, like nuclear energy, offers enormous benefits to the cryptocurrency industry as digital assets grow in popularity, acceptability, and engagement wi...
Cumulus Data to Launch Nuclear-Powered Bitcoin Mining Center
10 hours ago | 2 mins read Bitcoin News Cumulus Data is a subsidiary of independent power producer Talen Energy. The mining center will be powered by a 2.5-gigawatt nuclear power plant. Bitcoin’s popu...
The Bitcoin Mining Crisis – The Cryptonomist
The market prices of major companies engaged in the mining of Bitcoin and other cryptocurrencies collapse deeply. 2022 has thrown the entire crypto ecosystem into crisis, even spreading to the mining ...
BlockFi looks to sell bitcoin mining loans totaling $160 million: Bloomberg
Crypto lender BlockFi is looking to sell $160 million in bitcoin mining machine-backed loans amid its bankruptcy process. The bidding started last year and some of the loans may be under-collate...
Bitcoin, mining stocks rise while Silvergate shares soar
Crypto prices were in the green as the market continued to rally on Monday. Equities related to blockchain and cryptocurrencies were also higher. Bitcoin traded up about 0.5% during the day, fli...
The Block: Bitcoin mining report: Jan. 23
Bitcoin mining stocks tracked by The Block were higher on Monday, with 18 gaining and only one declining. Bitcoin rose 2.2% to $22,956 by market close. Here is a look at how the individual...
Features of cryptocurrency mining: everything for beginners
Cryptocurrency mining is a popular trend of our time. The essence of the process lies in creating new blocks in the blockchain using computing technology. The first person to give the correct answer t...
Opinion: Central banks are buying gold at the fastest rate in half a century
Here’s another reason why it may not be completely insane to add some gold bullion to your 401(k) or retirement account. Central banks are stocking up. Three economists—Serkan Arslanalp and Chima Simp...