Articles filed under

Mining

356 articles
Page of 5

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.

FastForkast headlines

Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps

Biden administration proposes 30% crypto mining tax, closing wash-trading loopholes

Crypto mining rig maker Canaan shares slump after Q4 revenue sank 82%

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.

FastForkast headlines

Crypto mining rig maker Canaan shares slump after Q4 revenue sank 82%

Bitcoin mining difficulty dips 0.5% over two weeks after hitting record high

Bitcoin miner Greenidge Generation cuts NYDIG debt 78% to US$17 million

February 2023

FastForkast headlines

Bitcoin miner Greenidge Generation cuts NYDIG debt 78% to US$17 million

Bitcoin mining difficulty hits new all-time high with 4.7% rise

Blockstream says it raised US$125 million to expand Bitcoin mining operations

U.S.’ first nuclear-powered Bitcoin mining center to open in Q1

Bitcoin miners return from winter storms, difficulty at an all-time high

Bitcoin mining difficulty drops 3.6% in latest adjustment

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.

FastForkast headlines

Bitcoin mining difficulty drops 3.6% in latest adjustment

Bitcoin hashrate drops nearly 40% as deadly U.S. storm unplugs miners

British Columbia suspends new electricity connections for crypto miners

Bankrupt miner Core Scientific may sell facilities under development: report

U.S. crypto miner Core Scientific files for Chapter 11 bankruptcy, continues to mine Bitcoin

Bitcoin miner Greenidge strikes deal with NYDIG to restructure debt

Bitcoin mining difficulty rises 3.27% in latest adjustment

U.S. considering bill to require crypto miners to report carbon emissions

December 2022

FastForkast headlines

U.S. considering bill to require crypto miners to report carbon emissions

New York State passes two-year moratorium on some crypto mining facilities

Mining rig maker Canaan’s stocks fall as Q3 profits shrink

Bitcoin miner Riot Blockchain’s stock drops amid widening Q3 losses

Bitcoin mining difficulty falls 0.2% in latest adjustment

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.

FastForkast headlines

Bitcoin mining difficulty falls 0.2% in latest adjustment

Bitcoin mining difficulty logs new high, up 3.4%

Hong Kong digital asset firm sets up US$50 mln fund to expand mining business amid crypto winter

Markets: Bitcoin, Ether fall as EU considers crackdown on energy-intensive crypto mining

Tianjin boosts electricity rates to further punish underground crypto mining

Indian investors allegedly duped in crypto cloud mining scam

Bitcoin mining difficulty hits new high after Ethereum ‘Merge’ makes space

Bitcoin miner reserves hit lowest level since Feb 2010

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.

FastForkast headlines

Bitcoin miner reserves hit lowest level since Feb 2010

Bitcoin mining difficulty drops 2% after reaching all-time high in last adjustment

Bitdeer leads US$250 mln fund to acquire assets from distressed miners: report

Gansu Province warns no crypto mining within national data centers

Bitmain cuts mining rig prices amid crypto bear market, energy costs

F2Pool, Poolin, Antpool launch ETHW mining pools

Bitcoin mining difficulty reaches all-time high, up 3.5% in latest adjustment

Argentinian tax agency conducts first-ever raids on illegal crypto mining farms

Ethereum Classic surges over 24%, hashrate hits record high

Poolin pauses withdrawals from Pool Accounts, admits liquidity issues

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.

FastForkast headlines

Poolin pauses withdrawals from Pool Accounts, admits liquidity issues

BTC miner Whinstone countersues Japan’s GMO Internet for US$15 mln

Largest Ether mining pool Ethermine stops processing Tornado Cash transactions

Mining rig maker Canaan shares nudge up, profit expanded in Q2

Bitcoin mining difficulty rises 0.63% in latest adjustment

Bitcoin miner Stronghold to return mining rigs to cut debt; shares plunge as losses widen

Bitcoin miner PrimeBlock ditches SPAC listing plan

USDC, Tether announce support for Ethereum proof-of-stake

Riot Blockchain earns millions in credits by cutting energy use during Texas heat wave

Bitcoin mining difficulty rises 1.74% after three consecutive drops

Singapore-based Bitcoin miner scales back Kazakhstan project

Prominent Chinese ETH miner plans proof-of-work fork amid The Merge

August 2022

FastForkast headlines

Prominent Chinese ETH miner plans proof-of-work fork amid The Merge

Bitcoin mining difficulty records largest fall in a year

Celsius Network could add to crypto mining struggles