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Mining
Bitmain to Start Selling New Ethereum Mining Rig Model Wednesday
Despite the Merge edging closer, Bitmain is releasing an Ethereum ASIC.
Coinbase Says Miners’ Sales of Newly Minted Bitcoins Don’t Add Significant Market Pressure
If all newly issued bitcoin were immediately sold on the market each day, it would equate to only 900 BTC of selling pressure, the report said.
Hard Times in Crypto: the Unintended Consequences of Going Public
The third and final reflection on a series of risks we’re thinking about during these crypto down days.
Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market
Private and publicly listed crypto miners owe up to $4 billion in debt used to finance the construction of gargantuan facilities across North America, according to industry participants and data compiled by CoinDesk.
Argentina's Customs Office Seizes $21M in Crypto Mining Equipment: Report
The case involves 2,233 Whatsminer machines that were improperly imported, according to the government.
Luxor Launches Hosting Marketplace for Bitcoin Miners Amid Build-Out Delays
The marketplace will offer hosting clients in the U.S. and Canada, with miners able to have as little as one mining rig hosted by some providers.
Republicans Seek to Counter Effort to Curtail Crypto Mining
The word of caution comes after Democrats warned a top environmental official in April about harms of digital assets mining.
Bitfarms Looks to Boost Liquidity With Sale of 1,500 Bitcoin, New Loan
The miner paid down a credit line from Galaxy Digital while inking new equipment financing from NYDIG.
CleanSpark Takes Advantage of Bear Market to Acquire Mining Rig Contracts
The miner also partnered with TMGcore to expand its immersion-cooled bitcoin mining infrastructure.
NYC Mayor Eric Adams Wants State's Governor to Veto 2-Year Moratorium on PoW Mining: Report
The city's pro-crypto mayor plans to ask Gov. Kathy Hochul to veto the bill to stop proof-of-work mining temporarily.
