Mining
Bitcoin Miner Bitfarms Warns of Default
Bitcoin miner Bitfarms (BITF) might have already or may in the future stop making installment payments on a $20 million loan from bankrupt crypto lender BlockFi, effectively defaulting on the loan, according to a press release. As a result, Bitfarms is looking to modify the loan. "The Hash" panel breaks down the details of the loan.
How Bitcoin Mining Got 'Even More Competitive' In 2022: Analyst
In CoinDesk Research's Annual 2022 Review report, Research Associate George Kaloudis sheds light on how the decline in BTC price and the rise in Bitcoin hashrate impacted the mining space.
Stronghold Digital CEO on State of Bitcoin Mining Amid FTX Fallout
Stronghold Digital Mining CEO Greg Beard discusses his outlook for the bitcoin mining industry as the collapse of crypto exchange FTX continues to ripple across the digital asset space and BTC sinks below $16,000. "The great unwind is happening now," Beard said.
Bitcoin Could Rally to $63K by March 2024: Matrixport
Bitcoin could soon find relief and rally to $63,000 by March 2024, when BTC is likely to undergo mining reward halving – a programmed code aimed at reducing the pace of supply expansion by 50% every four years. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Is Trading With the Markets Right Now ‘for Better or for Worse,’ Expert Says
Bitcoin (BTC) is holding its ground at $20,000 despite concerns of rising layoffs and OPEC oil cuts. Dan Weiskopf of Tidal Financial Group joins “First Mover” with his outlook on the broader crypto market. Plus, the importance of diversification in the mining space and the challenges miners are facing.
Solar-Powered Bitcoin Miner Aspen Creek Raises $8M Despite Bear Market
A new solar powered bitcoin miner, Aspen Creek Digital Corp. raised $8 million in a Series A funding, led by crypto financial services company Galaxy Digital and blockchain investment firm Polychain Capital. Aspen Creek Digital Corp. CEO Alexandra DaCosta shares insights into the raise and the state of bitcoin mining amid "supply crunches" and crypto winter.
