Aoyon Ashraf

Aoyon Ashraf is CoinDesk's Global Head of News and is responsible for all of the editorial content and strategies. He spent almost a decade at Bloomberg covering equities, commodities and tech. Prior to that, he spent several years on the sellside, financing small-cap companies. Aoyon graduated from the University of Toronto with a degree in mining engineering. He holds ETH, BTC, and SOL that are above CoinDesk's disclosure threshold of $1,000. He also holds LINK, ATOM and some other altcoins that are below CoinDesk's disclosure threshold of $1,000.

Aoyon Ashraf

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Finance

Bitfarms Looks to Boost Liquidity With Sale of 1,500 Bitcoin, New Loan

The miner paid down a credit line from Galaxy Digital while inking new equipment financing from NYDIG.

Money (Sharon McCutcheon / Unsplash)

Finance

CleanSpark Takes Advantage of Bear Market to Acquire Mining Rig Contracts

The miner also partnered with TMGcore to expand its immersion-cooled bitcoin mining infrastructure.

A bitcoin mining facility in Georgia that uses 95% non-carbon energy (CleanSpark)

Finance

Bitcoin Miner Mawson Exchanges Mining Rigs for Stake in Tasmanian Data Center

The move comes as more miners have begun using alternative sources of funds to support their expansion.

Mining rig

Finance

Crypto Miner Hive Blockchain Selling Ether to Pay for Intel Mining Rigs

The miner expects to have a bitcoin-equivalent hashrate of 6.2 exahash per second (EH/s) in the next 12 months.

Equipos de minería para bitcoin. (Sandali Handagama)

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Finance

Crypto Miner Hut 8 Bucks Trend by ‘Hodling’ Its Mined Bitcoins

The miner also concluded its crypto lending program, bringing all of company bitcoin back into custody.

Hut 8 plant

Finance

Middle East Oil Producers Move Into Bitcoin Mining With Crusoe Energy Stakes

The U.S. startup – which uses flared natural gas to power bitcoin mining rigs – counts the sovereign wealth funds of Abu Dhabi and Oman as investors.

Crusoe CEO Chase Lochmiller with Mulham Basheer Al Jarf, deputy president of OIA and chairman of Oman oil company OQ (Crusoe)

Finance

Market Rout Prompts Analyst to Slash Bitcoin Miners’ Price Targets by Average of 65%

BTIG’s analyst remains positive on the longer-term outlook for the miners, however, and is sticking with his buy ratings for the stocks.

Lower rates may be behind bitcoin's big move (© Eugene Mymrin)

Finance

Riot Blockchain Sells More Bitcoin, Trims Hashrate Guidance

It’s the miner’s third consecutive month of bitcoin sales.

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

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Finance

Kevin O’Leary-Backed Bitcoin Miner to Locate HQ in North Dakota

Bitzero plans to invest about $400 million to $500 million to build 200 megawatts of data centers in the state.

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Finance

Bitcoin Miner Riot Blockchain Names Its Head of Corporate Operations as New CFO

Current CFO Jeff McGonegal will retire and move into a new role as senior advisor of the miner in mid-August.

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