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Latest from Aoyon Ashraf
Bitcoin Miner Iris Energy Gets $71M Equipment Financing From NYDIG
The financing is backed by 19,800 Bitmain S19j Pro miners that have hashrate of about 1.98 exahash per second.
Is Miner Concentration Once Again Jeopardizing Bitcoin? Not Exactly
The high percentage of hashrate now located in North America may look like China 2.0, but the reality is more complicated.
Bitcoin Miner TeraWulf’s Stock Can Rally Almost 160%, Says Analyst
B. Riley initiated the environmentally sustainable miner’s stock with a buy rating and a 12-month price target of $24.
ExxonMobil Running Pilot Project to Supply Flared Gas for Bitcoin Mining: Report
The oil giant is looking to make use of natural gas that would otherwise be wasted at sites around the world, according to Bloomberg.
Riot Blockchain’s COO to Exit After One Year
Megan Brooks-Anderson was promoted to chief operating officer in April 2021.
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.
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.
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.
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.
Pipe Introduces Alternative Financing Product for Bitcoin Miners
The trading platform worked with Compass Mining for several months before launching the product.
