Mining


Finance

Bitcoin Miner SAI.TECH Halts Kazakhstan Expansion, Citing Operation and Cost Uncertainties

The Nasdaq-listed company has scrapped plans for a second phase of power-supply cooperation in the central Asian country.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Layer 2

To Unplug or Double Down? Crypto Mining in Crypto Winter

Tough market conditions are forcing miners to make tough decisions. Jeff Wilser checks in with Econoalchemist, a longtime pseudonymous miner.

Crypto mining stocks have lost roughly half of their value in the past month. (Sandali Handagama for CoinDesk)

Finance

Bitmain Partner Antalpha Unveils Lending Products for Miners

A relatively unknown company presented some novel ways to, among other things, help miners facing margin calls.

Eager miners snapped photos of Anatalpha's presentation at Bitmain's World Digital Mining Summit in Miami. (Eliza Gkritsi/CoinDesk)

Finance

AntPool Supports Ethereum Classic Ecosystem With $10M Investment

The mining pool is throwing its weight behind the Ethereum-offshoot alternative that will continue to mine using proof-of-work.

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Finance

Bitcoin Miner Core Scientific Signs 75MW Hosting Deal

Once all the ASIC servers are fully deployed, the agreement is seen generating about $50 million in annual revenue, said the company.

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Finance

Bitcoin Miner Core Scientific Gets $100M Equity Financing Despite Bear Market

The miner has the right but no obligation to sell the shares to investment bank B. Riley.

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Finance

Commons Foundation Signs 100MW Deal for Crypto Mining in Paraguay

The South American country with abundant hydropower wants to attract bitcoin miners.

Bandera de Paraguay. (Alex Steffler/Wikimedia Commons)

Finance

Crypto Mining Hosting Firm Applied Blockchain Stock Surges After 200MW Deal

A hosting deal with Marathon Digital should ease investor’s funding concerns, said a DA Davidson analyst.

A bitcoin mining farm (Getty Images)

Finance

Bitcoin Miner Marathon Digital Signs Multiple Hosting Deals to Reach Its Hashrate View

The company secured about 254 megawatts worth of new hosting contracts.

Fred Thiel, CEO of Marathon Digital Holdings (Fred Thiel)

Policy

Paraguayan Senate Passes Bill Regulating Crypto Mining and Trading

The text must now be approved or vetoed by the country’s executive branch.

Bandera de Paraguay. (Alex Steffler/Wikimedia Commons)