Aoyon Ashraf

Aoyon Ashraf is CoinDesk's managing editor for Breaking News. He spent almost a decade at Bloomberg covering equities, commodities and tech. Prior to that, he spent several years on the sellside, financing small-cap companies. Aoyon graduated from University of Toronto with a degree in mining engineering. He holds ETH and BTC, as well as ALGO, ADA, SOL, OP and some other altcoins which are below CoinDesk's disclosure threshold of $1,000.

Aoyon Ashraf

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Finance

Riot Blockchain’s COO to Exit After One Year

Megan Brooks-Anderson was promoted to chief operating officer in April 2021.

A close-up of one of Riot's mining rigs. (Riot Blockchain)

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The Future of Mining Finance: Time to Get Creative

To finance mining rigs in a down market, firms will have to look beyond stock issuance. They may have to borrow against their machines or mined crypto or put themselves up for sale.

(Wikimedia Commons)

Finance

Mining Industry Not That Worried by SEC’s Proposed New Climate Reporting Rules

Some of the requirements might be challenging for smaller publicly-traded miners to comply with, however.

CoinDesk placeholder image

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Why Do Old-Line Businesses Enter Crypto Mining? Simple: Fat Profits

Even though mining margins have shrunk since crypto prices corrected, for now they’re big enough to keep luring entrants from sectors like prepackaged food and anti-aging formulas.

(Illustration: Rachel Sun)

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Bitmain Redux: Bitdeer and BitFuFu Are About to Test US Stock Market's Mining Appetite

China's two biggest cloud mining platforms plan to go public on the Nasdaq via SPAC deals this year, at a time when crypto and broader markets have pulled back from their peaks.

Jihan Wu, now chairman and founder of Bitdeer, in 2018 (Bloomberg/Getty Images)

Finance

Pipe Introduces Alternative Financing Product for Bitcoin Miners

The trading platform worked with Compass Mining for several months before launching the product.

Compass (Unsplash)

Finance

Mawson's Q4 Revenue Rises 79% From Q3

The bitcoin miner boosts its hashrate estimate for next year by 10%.

Bitcoin mining machines (Getty Images)

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What Does a Crypto Mining Farm Look Like? Striking Photos From Siberia to Spain

CoinDesk reporters traveled across Europe, Asia and North America to capture the diversity of cryptocurrency mining facilities. This piece is part of CoinDesk's Mining Week.

A crypto mining farm (Sandali Handagama/CoinDesk)

Finance

Hut 8’s Data Center Deal Will Set It Apart From Peers, Analyst Says

Hut 8 closed on its C$30 million purchase of 5 of TeraGo’s Canadian data centers on Jan. 31.

Hut 8 plant

Finance

Bitcoin Miner TeraWulf Sets 2022 Hashrate Guidance

The company, which went public in December and counts among its backers actress Gwyneth Paltrow, also said its 2025 expectations remain on track.

A bitcoin mining farm. (Marko Ahtisaari/Flickr)