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Mining
Bitcoin Miner CleanSpark Cuts 2023 Hashrate Outlook by Nearly 30%
The miner cited delays in building out a mining facility by one of its partners, Lancium.
Bitcoin Could Drop to $10K-$12K by Q1 2023, VanEck Says
A wave of miner bankruptcies could keep bitcoin under pressure in the first quarter of 2023, VanEck's Matthew Sigel said. But he forecast a bull revival in the second half of the year.
Class-Action Suit Against Crypto Miner Iris Energy Quickly Withdrawn
The lawsuit, filed in the District Court for the District of New Jersey, was withdrawn a day after it was filed.
Bitcoin Miner Argo Blockchain Says It's Close to Restructuring Without Having to Declare Bankruptcy
The London-based company warned, however, there's no guarantee it will be able to do so.
Shares of Bitcoin Miner Argo Blockchain Suspended in UK and US
The struggling firm said at the end of October that it might have to cease operations if it was unable to secure additional financing.
Crypto Miner Hive Cuts Computing Power Forecast for Intel Chip-Based Rigs
The Canadian firm said 5,800 machines will provide computing power of upward of 630 petahashes per second by end of January. That's less than the October forecast of 1 exahash.
US Lawmakers Want Environmental Agency to Study Crypto Mining's Energy Impact
The Crypto-Asset Environmental Transparency Act would direct the EPA to impose greenhouse gas emission reporting rules on crypto mining facilities and assess their overall impact on the U.S.' environment.
Bitcoin Miner Marathon Expects to Recover Less Than Half Its Deposit From Bankrupt Compute North
In its monthly update the company also disclosed additions to its bitcoin stack and the payoff of some debt.
Bitcoin Miners Offered Way to Cut Texas Electricity Usage to Help the Grid
The state's interim, voluntary program to lower power consumption during high demand periods, might go live as early as Jan. 1, 2023.
Bitcoin Miner Riot Switches Mining Pool After Falling Short in November
The miner used Braiins mining pool, whose payout method caused the variance between Riot’s mining capacity and the amount produced, according to a person familiar.
