March 2023
Bitcoin’s price gains this year bring needed relief to cash-strapped crypto mining industry
Officials at Bitcoin mining companies say the rebound in prices so far this year for the world’s biggest cryptocurrency has thrown a lifeline to the industry after some miners sought protection from creditors last year amid the slump in the token’s price.
March 2023
Bitcoin mining fund soars as BTC powers into 2023
Top blockchain and crypto news: BTC mining ETF outperforms. SBF under pressure as accusations mount. ‘China’s Instagram’ embraces NFTs.
February 2023
January 2023
Bitcoin mining difficulty drops more than 7% as cash crunch hits miners
Miners face a liquidity crunch as cryptocurrency prices slide, with the world’s largest publicly-listed miner, Core Scientific, saying it may run down its cash reserves by the end of this year.
December 2022
November 2022
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.
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.
October 2022
World Economic Forum launches coalition to use web3, blockchain for positive climate action
The World Economic Forum is launching a new Crypto Sustainability Coalition, consisting of 30 partners within the intersection of sustainable development and web3, crypto, and blockchain technologies, the international non-government organization (NGO) announced in a Webinar on Wednesday in New York, U.S.
All aboard the good ship Ethereum for The Merge. Next stop?
The most critical upgrade in Ethereum’s history is just around the corner, so what will it mean for prices of cryptocurrency?
US raises red flag on crypto mining with concerns over carbon emissions
White House says carbon footprint of crypto industry does not align with goals to decarbonize the economy.
Ethereum’s Bellatrix upgrade now live despite concerns
The second-last upgrade required ahead of “The Merge” has gone live, though some kinks may need to be ironed out before the main event.
September 2022
Crypto miners plan to fork Ethereum, will it make a difference to the Merge?
Ethereum has by far the most developers from DeFi projects to NFTs so how are they expected to respond to a plan by Etheruem miners to fork the network, a move miners argue is needed to stay in business.
Tornado Cash arrest heralds storm season for crypto mixers
Top blockchain and crypto news: Tornado Cash, mixer crash. Cardano’s Vasil vulnerabilities. Canaan earnings buoy expansion plans.
Confusion from US regulators; Markets hit by ‘vibe-flation’
The FDIC tries to deter banks from doing business with crypto firms. Meanwhile. Genesis CEO steps down amidst reshuffle.
Bitcoin miner Hut 8 shares gain on revenue, outlook – despite Q2 profit slump
Crypto mining slump? Canada-based company booked 31% revenue growth on year, expanded Bitcoin holdings, and plans to ramp up mining capacity this year. Other crypto miners seem to be following suit.
Chinese mining rig maker Canaan says global expansion on track despite ‘crypto winter’
Beijing’s drive to stamp out crypto mining and the slump in crypto prices are headwinds that Canaan says it knows how to deal with, adding that the crypto winter may be shorter than expected.