Mining


Finance

Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M

The company has been busy scooping up assets during the crypto bear market, but discounts may be slimming.

CleanSpark CEO Zach Bradford and Executive Chairman Matt Schultz (Eliza Gkritsi/CoinDesk)

Finance

Washington Ignored Crypto for Now. That’s Good for Bitcoin.

A huge tax on BTC miners didn’t make it into a deal to resolve the battle, and a separate provision might actually (unintentionally) help them.

President Joe Biden(Getty Images)

Finance

Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay

The company earlier this month announced plans to invest part of its profits in BTC purchases and infrastructure.

(Rachel Sun/CoinDesk)

Finance

Nvidia's Blockbuster Outlook Reminds Bitcoin Miners to Give AI a Look

Some BTC miners might find non-mining AI applications too tantalizing to pass up.

Mining rig (Getty Images)

Policy

Excavating the Truth Around the Bitcoin Mining Discourse

CoinDesk went to Greenidge Generation to see if testimony and online conversations accurately captured the impact it had on the environment. The reality on the ground was far more nuanced than the discourse suggested.

CoinDesk News Image

Policy

Upstream Data Sues Crusoe Energy Over Waste Gas Mining Patent

The case involves two companies who aim to power mining rigs through the excess natural gas that comes as a result of oil well drilling.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Policy

The Bitcoin Mining Debate Is Ignoring the People Most Affected

Snowballing misinformation has painted an inaccurate and incomplete portrait of a complicated industry – and that is having a real impact on policy.

Dresden Mayor Bill Hall (Doreen Wang/CoinDesk)

Technology

Crypto Miner Marathon Pledges $500K in Matching Funds to Brink for Bitcoin Development

Marathon CEO Fred Thiel tells CoinDesk in an interview that he wants to make sure development and maintenance of the open-source Bitcoin Core client software are "properly funded."

Fred Thiel at Bitcoin 2023. (Frederick Munawa)