Bitcoin Mining
Stronghold Digital Mining Raises $105M to Turn Waste Coal Into Bitcoin
Digital asset mining firm Stronghold Digital Mining has raised $105 million to turn waste coal to bitcoin. This comes on the heels of rising concerns about bitcoin’s carbon footprint that have signaled pivots to more environmental, social, and governance (ESG)-friendly mining.
Could the Heat and Feared Blackouts in Parts of the U.S. Affect Bitcoin Mining Operations?
Texas and other U.S. states across the West are facing energy grid shortfalls this summer as severe drought reduces the amount of water available for hydroelectric power generation, says the Wall Street Journal. CoinDesk's Christie Harkin and Brad Keoun discuss the possible impact of power shortages for miners in the area and the wider crypto mining community.
Bitcoin Remains Relatively Resilient Post-Fed as Fiat Currencies Drop Against Dollar
CoinDesk Managing Editor of Technology Christie Harkin and Managing Editor of Markets Brad Keoun discuss this past week's top stories moving the crypto markets, including the Fed's announcement of raising interest rates, hedge funds pledging more capital to crypto, the impact of El Salvador's currency law, rising ESG concerns, China's crackdowns on bitcoin mining operations, and Taproot activation.
Saylor: We Must Counter ‘Misinformation’ About Bitcoin’s Environmental Damage
At Wednesday’s Bitcoin Mining Council meeting, Microstrategy CEO Michael Saylor said a key problem in the crypto space isn’t bitcoiners, but the negative headlines about mining. “The Hash” hosts react to Saylor’s concerns about “misinformation” in bitcoin mining, discussing the larger role of the Bitcoin Mining Council.
Sichuan Becomes Latest Chinese Province to Order Bitcoin Miner Shutdown
In China's Sichuan province, the world's largest hydro-powered bitcoin mining area, Ya'an is set to shut down mining operations. "The Hash" panel discusses China's continued crackdowns on bitcoin mining operations and what this latest development means for the bitcoin community.
Bitcoin Tops $40K as Musk Says Tesla May Accept Crypto in Future
Bitcoin's price after Tesla CEO Elon Musk said the electric car company would resume accepting bitcoin for payments once it can be mined with at least 50% green energy. "The Hash" panel reacts.
BTC Pops as Musk Says Tesla Will Resume Taking Bitcoin as Payment Once Miners Go 50% Green
"If Elon offers [miners] very cheap energy, obviously the incentive will be there for some miners to use," Compass Mining's research director Zack Voell said on "All About Bitcoin." Because for as long as mining has existed, miners only want one thing: cheap energy.
Michael Saylor: The US Dollar Will Be the Reserve Currency of the World and 'It Would Move on Bitcoin Rails'
MicroStrategy CEO and chairman Michael Saylor says the U.S. dollar will be the reserve currency of the world, and "it would move on bitcoin rails." Saylor also discusses buying more bitcoin with the $500 million bond sale his enterprise software company just completed, and he reacts to Elon Musk's tweet about Tesla supporting bitcoin if it becomes more environmentally friendly.
New York Crypto Mining Bill Dies in Assembly After Passing State Senate
An environmental protection bill that would have clamped down on bitcoin mining has died in the New York state assembly. "The Hash" team explains why this happened and what it means for the bitcoin mining community.
