Bitcoin News
Crypto mining firm Foundry to buy mining sites from embattled Compute North
Crypto mining firm Foundry Digital LLC plans to acquire two turnkey crypto mining facilities in the U.S. from troubled Compute North.
Timmy Shen
Lens
Mining
-
-
Regulation
New York State passes two-year moratorium on some crypto mining facilities
New York became the first U.S. state to enact a temporary ban on new cryptocurrency mining permits at fossil fuel plants, despite lobbying against the measure.
Dylan Butts
-
Bitcoin News
Mining rig maker Canaan’s stocks fall as Q3 profits shrink
Cryptocurrency mining rig maker Canaan posted shrinking revenues and profits in the third quarter of this year, as the crypto bear market continued to plague the mining industry.
Timmy Shen
-
Bitcoin News
Bitcoin miner Riot Blockchain’s stock drops amid widening Q3 losses
Stocks of Nasdaq-listed Riot fell 4.87% in pre-market trading on Tuesday, after U.S. Bitcoin miner Riot Blockchain on Monday reported weaker revenues in the third quarter of this year.
Timmy Shen
-
Bitcoin News
Bitcoin mining difficulty falls 0.2% in latest adjustment
Bitcoin mining difficulty nudged down 0.2% in Monday’s biweekly adjustment, according to data from BTC.com.
Timmy Shen
-
Bitcoin News
Satoshi’s other big legacy: Bitcoin is propelling a green energy revolution
The Bitcoin white paper, published 14 years ago this day, launched an industry that is now subsidizing clean energy and turning waste into digital gold, writes Will Szamosszegi of Sazmining.
Will Szamosszegi
-
Bitcoin News
World’s largest Bitcoin miner Core Scientific’s stock tumbles amid liquidity crisis
The Nasdaq-listed company expects to deplete its cash resources by the end of this year.
Timmy Shen
-
Bitcoin News
Bitcoin mining difficulty logs new high, up 3.4%
Bitcoin mining difficulty has reached a new high after a 3.44% increase in Monday’s biweekly adjustment, according to data from BTC.com.
Timmy Shen
-
Bitcoin News
Hong Kong digital asset firm sets up US$50 mln fund to expand mining business amid crypto winter
Hong Kong-based digital asset management firm JKL Group will set up a US$50 million fund to buy more mining machines to further expand its mining facilities, despite the current crypto winter.
Ningwei Qin
-
Regulation
EU targets Bitcoin with energy efficiency labeling for crypto
This isn’t the first time the bloc has examined cracking down on Bitcoin mining, and it comes amid a growing push from regulators to examine the industry’s carbon footprint.
Lachlan Keller
