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

Canaan Unveils Bitcoin Mining Machine, Sees Speedier ASIC Market Growth

The new model’s mining power and efficiency positions it between rival Bitmain’s S19 and S19 Pro machines.

Canaan's new Avalon 1266 model at the Bitcoin 2022 conference. (Aoyon Ashraf/CoinDesk)

Finance

Bitcoin Miner Marathon on Track to Meet Its Hashrate Guidance, Despite Delay

The miner is hodling all its bitcoins and currently has 9,373.6 bitcoins with a fair market value of approximately $427.7 million.

Marathon Digital is on track to hit its hashrate goals. (Shutterstock)

Finance

Digihost Becomes First Publicly Traded Miner to Offer Bitcoin Dividend Payments

The miner also expects a 1.5 exahash per second (EH/s) of average hashrate for 2022, which is about 5.5x more than its 2021 mining power.

Bitcoin miners

Finance

Intel Doubles Down on ESG With Launch of Second-Gen Bitcoin Mining Chips

The “Intel Blockscale ASIC” chip boasts efficiency up to 26 J/TH, which would make it better than most Bitmain and MicroBT models now on the market.

intel

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Finance

Riot Blockchain Files to Sell Up to $500M of Stock

Proceeds from the "at-the-market" offering would be used for general corporate purposes, which may include investments in existing and future projects.

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Finance

Bitcoin Miner PrimeBlock Plans to Go Public With $1.25B SPAC Merger

The deal is expected to close in the second half of this year.

Crypto mining machines (lmstockwork/Shutterstock)

Finance

Bitcoin Miner Greenidge Q4 Revenue Matches Estimate; Reiterates Hashrate Guidance

The company also said permission for operations to continue at its New York facility has been delayed again.

Greenidge Mining center

Finance

CleanSpark Aims to Be Among Top Bitcoin Miners With Up to 500MW Expansion

The deal with Houston-based Lancium will give CleanSpark a mining hashrate of 10.4 EH/s by spring 2023.

Solar panels on a CleanSpark client's roof. (Danielle Nazareno/CleanSpark)

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Finance

Analyst Still Positive on Stronghold Digital Despite Miss, Citing Miner’s Low Costs

The bitcoin miner’s stock tumbled more than 30% after it missed earnings estimates and said it won’t reach its 2022 hashrate goal.

Stronghold's power plant in Northeastern Pennsylvania.

Finance

Bitcoin Miner Core Scientific’s Full-Year Sales Rise to $545M, Beating Estimates

The miner also reiterated its 2022 hashrate expectations and expects more M&A within the crypto mining industry over the next 12 months.

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)