Crypto Mining
US to launch survey on cryptocurrency miners’ energy consumption
The United States, through the Energy Information Administration (EIA), will start collecting data about cryptocurrency miners’ energy consumption rate within...
January 2024 Work Progress Report: Mining Adjustments and Technical Updates
KASPA (KAS) Reward Reduction In keeping with our commitment to transparency and providing up-to-date information, we wish to inform our...
Marathon vs Riot: Analyzing the true cost of mining 1 bitcoin
Bitcoin mining is the cornerstone of the crypto industry and the crypto market. At its core, the profitability of mining...
Bitcoin miner GRIID debuts on Nasdaq under ‘GRDI’ ticker
Bitcoin miner GRIID will begin trading its common stock under the “GRDI ” ticker on the Nasdaq stock exchange today,...
OKX pulls plug on mining pool amid declining user and hashrate numbers
Crypto exchange OKX will discontinue its mining pool services due to “business adjustments” reasons, according to a Jan. 26 statement.The...
Bitcoin developer Luke Dashjr raises concerns over centralization in Bitcoin mining
In an in-depth interview with Bitcoin Magazine on Jan. 24, Bitcoin Core developer Luke Dashjr voiced significant concerns about the...
Hut 8 responds to report criticizing USBTC merger and other activities
The Bitcoin and digital asset mining firm Hut 8 responded to a recent critical report in a statement on Jan....
Core Scientific wins court approval to enact reorganization plan, exit bankruptcy
The Bitcoin mining firm Core Scientific announced on Jan. 16 that it has obtained court approval to proceed with its...
Hut 8 expands borrowing capacity with Coinbase to $65 million, acquires natural gas power plants
Bitcoin miner Hut 8 has secured an additional $15 million from a subsidiary of the United States-based cryptocurrency exchange, Coinbase,...
Cleanspark invests $193 million in new miners, looks to 5x hashrate in anticipation of halving
CleanSpark Inc., the third largest public Bitcoin mining company by hashrate, has agreed to purchase up to 160,000 Bitmain S21...