Mining


Finance

Bitcoin’s Slump Is Good for Crypto Miners in Long Term, Jefferies Analyst Says

A lower bitcoin price will deter new entrants and help incumbents gain market share.

Bitcoin's price slump creates a barrier to entry for new miners. (S. Hermann & F. Richter/Pixabay)

Tech

Major Mining Pools’ Bitcoin Hashrate Nears Recovery as Kazakhstan’s Internet Is Partially Restored

The world’s second-biggest mining country has been engulfed in civil unrest over the past week.

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Finance

Argo Blockchain’s Monthly Revenue Drops Even as It Mined More Bitcoin

The sole crypto miner listed on the London Stock Exchange mined 214 bitcoins in December.

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Finance

Crypto Miners Are Better Investments Than Bitcoin Even After Sell-Off: Analysts

Wall Street analysts see “compelling” opportunities in the stocks of miners as sell-off is not driven by fundamentals.

Hut 8 plant

Finance

Kazakhstan’s Hashrate Drops as Internet Blackout Persists

The outage comes amid mass protests in the world’s second-biggest crypto mining country.

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Policy

US Congress to Hold Oversight Hearing on Crypto Mining: Report

Lawmakers will look at mining’s effect on the environment.

The U.S. Capitol in Washington D.C. (Darren Halstead/Unsplash)

Finance

Kazakh Bitcoin Mining Seen Hurt Following Energy Riots, Internet Shutdown

Protesters stormed public buildings on Wednesday, which was followed by the announcement of a possible dissolution of parliament.

OMSK, RUSSIA - NOVEMBER,7, (RUSSIA OUT) Kazakh President Kassym-Jomart Tokayev speeches during the Russian-Kazakh Regional Forum in Omsk, Russia, on  November 7, 2019. Vladimir Putin is having a one-day trip to Siberian city of Omsk to attend Russian-Kazakh talks. (Photo by Mikhail Svetlov/Getty Images)

Finance

Core Scientific Mined Over 1K Bitcoin in December, Nearly 6K in 2021

As of the end of the year, Core Scientific held 5,296 BTC worth roughly $248 million.

Cryptocurrency mining machines

Finance

Canadian Miner Hut 8 Closed 2021 With 5,518 Bitcoin in Reserve

The miner plans to reach 3.35 EH/s of hashrate by the end of Q1 2022.

Hut 8 plant

Finance

Shares of Crypto Miner Riot Blockchain Jump 7% After Cantor Starts Coverage

The broker said that the firm is uniquely positioned to gain market share in the bitcoin mining sector.

A close-up of one of Riot's mining rigs. (Riot Blockchain)