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Mining
Bitcoin Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for 2022
The miner is targeting 9 EH/s for the end of the year, but continues to guide to 23 EH/s by the middle of 2023.
US Midterm Elections to Set the Tone for Bitcoin Miners' Future
The midterm elections are key to determining the industry’s future, which is increasingly under attack by environmental advocates.
Canadian Energy Provider Hydro-Quebec Proposes Stopping Electricity Supply to Blockchain Industry
The utility asked Canada's energy regulator to suspend the allocation of 270 megawatts that had previously been planned for blockchain industry in Quebec.
Compass Point Analyst Defends Bitcoin Miner Iris Energy
Chase White says Iris should be able to renegotiate the terms of its debt or return its mining rigs to the lenders and buy new ones at a cheaper price.
Bondholders of Troubled Bitcoin Miner Core Scientific Said to Be Working With Lawyers: Report
The company last week warned it may have to explore bankruptcy as its financial condition worsens.
Bitcoin Miner CleanSpark Buys Another Batch of Mining Machines
The company has acquired more than 26,500 rigs and 116 MW of facilities in recent months.
Digihost Bucks Bearish Trend Among Bitcoin Miners, Remains Cash-Flow Positive
The company remains debt free despite soaring energy prices and a stagnant crypto market.
Bitcoin Could Rally to $63K by March 2024: Matrixport
Bitcoin could soon find relief and rally to $63,000 by March 2024, when BTC is likely to undergo mining reward halving – a programmed code aimed at reducing the pace of supply expansion by 50% every four years. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Could Rally to $63K Ahead of Next Mining Reward Halving: Matrixport
Bitcoin tends to bottom out and start rallying 15 months ahead of the halving, past data show.
Bitcoin Miner Compass to Host 27MW Worth of Mining Rigs at Solar-Powered Startup
Startup miner Aspen Creek Digital has 30MW worth of capacity at its Texas facility, making Compass one of its largest customers.
