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Mining
Bitcoin Miner CleanSpark Hikes 2022 Hashrate Guidance by 10%
The company now sees year-end computing power at 5.5 exahash per second, up 10% from the previous outlook.
Struggling Bitcoin Miners Are Flocking to Maple Finance’s $300M Lending Pool
A pipeline of 10 mining firms will make up the first cohort of borrowers, with some 25 on the waitlist.
Argentina Dismantles Illegal Crypto Mining Operation, Arrests 40
The country’s tax collection agency has seized cash and crypto mining equipment in a series of raids.
Wall Street Analyst ‘Pulling the Plug’ on Bitcoin Miners Owing to Bear Market Woes
DA Davidson analyst Chris Brendler downgraded Core Scientific and Argo Blockchain from buy to neutral and said the bank has grown “increasingly concerned” about the miners.
EU Countries Must Be Ready to Block Crypto Mining, Commission Says
The European Union's executive arm also wants blockchains to show energy-efficiency labels and to end crypto tax breaks.
Bitcoin Fails to Produce 1 Block for Over an Hour
An 85-minute block interval left more than 13,000 transactions stuck in a pending state on Monday.
A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes
The situation is further disrupting the economics of a sector already hit by low crypto prices and high energy costs.
Bitcoin Miner Stronghold Digital Bolsters Balance Sheet by Cutting Costs, Slashing Debt by More Than 60%
Stronghold won't have to pay up to $25 million of profit share to Northern Data, after ending bitcoin mining rig hosting deal.
Crypto Hardware Maker Fabric Systems Raises $13M in Seed Funding
Skype co-founder Jaan Tallinn's Metaplanet was among the investors.
