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Latest from Aoyon Ashraf
Coinbase, MicroStrategy Lead Crypto Stocks Lower in Market Rout
Double-digit percentage losses were the norm across the cryptocurrency sector as the Nasdaq tumbled another 4% and bitcoin plunged to just above $30,000.
Cipher Mining, WindHQ Joint Venture Secures $46.9M Loan From BlockFi
The Alborz JV will use the proceeds to purchase S19j Pro crypto mining rigs for its 40 megawatt data center in Texas.
Nvidia Failed to Disclose Crypto Mining Revenue Impact in 2018, SEC Says
Without admitting or denying the charges, the chipmaker agreed to pay a $5.5 million dollar fine to settle the affair.
Crypto Mining Rig Maker Canaan Added to SEC List of Scrutinized Chinese Companies
Canaan has until May 25 to dispute its inclusion, which could eventually force its delisting from the Nasdaq.
Marathon Digital May Start to Sell Some of Its Bitcoin
The miner said any sale wouldn't be imminent, but that it might need about a half-billion dollars in investments to reach its growth objectives this year.
Marathon Digital Beats Q1 Sales, EBITDA Estimates
The miner also reported an impairment charge of $19.6 million related to its self-mined bitcoin.
Marathon Digital ‘Cautiously Optimistic’ About Meeting Early-2023 Hashrate Guidance as Delays Continue
The firm mined 299 bitcoins in April, a near 31% dip from the previous month, citing weather and maintenance issues.
Riot Blockchain Sells Nearly Half of April’s Bitcoin Production
The company raised $10 million with the sale of 250 bitcoins.
Marathon Digital Kicks Off Miners’ Earnings Season With Focus on Rig Deployment, Funding
The bitcoin miner will report its first-quarter results on Wednesday, followed by its first-ever earnings conference call.
Michael Saylor, Jack Dorsey Among Bitcoin Heavyweights Defending Mining in Letter to EPA
Bitcoin mining sites are no different than data centers operated by mega-cap tech firms such as Amazon, Apple, Google, Meta and Microsoft, the authors wrote.
