Bitcoin Mining


Markets

Stronghold Digital Mining Acquires Second Power Plant

The mining firm has acquired a second power plant in northeastern Pennsylvania just a week after filing for a $100 million IPO.

Stronghold acquires its second power plant.

Videos

Marathon Digital to Buy $121M of Mining Machines

Las Vegas-based mining company Marathon Digital, which some say is helping drive bitcoin mining investment in North America, has reportedly agreed to buy 30,000 Antminer S19J Pro bitcoin mining machines worth $120.7 million from major ASIC chips manufacturer Bitmain.

CoinDesk placeholder image

Finance

Banished Chinese Bitcoin Miners Look to the West, and Far Beyond

One lesson Chinese miners have learned from the ban: Don't put all your eggs in one basket.

Photo by Christine Roy on Unsplash

Videos

Busan Plans Digital Asset Exchange, Tencent Launches Digital IOUs

The Korean city of Busan plans a digital asset exchange. Bitcoin mining difficulty on the increase. Tencent launches a digital IOU platform. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

CoinDesk placeholder image

Advertisement
Videos

Bitcoin Miners Can Escape US Taxes by Mining Direct to IRAs

Through an agreement with Choice IRA, a crypto-friendly retirement offering by digital asset custodian Kingdom Trust, U.S. clients of Compass Mining can now avoid a tax on the bitcoin they mine by buying mining hardware through their individual retirement accounts (IRAs). "The Hash" team digs into the development and the implications for investors.

Recent Videos

Videos

India Admits No Crypto Data; Korean Crypto Investor Numbers Plummet

Crypto mining investment outside China booms. India’s government admits it collects no data on crypto exchanges. Number of new crypto investors plummets in South Korea. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

CoinDesk placeholder image

Markets

Bitcoin Miners Can Escape US Taxes by Sending Mining Proceeds Direct to IRAs

Compass Mining is enabling clients to mine bitcoin without triggering a taxable event.

U.S. income tax form

Markets

Love Bitcoin? Mine Your Values

Mining bitcoin can guide the network to sustainability, protect it from being commandeered and maintain decentralization.

MOSHED-2021-7-28-12-17-53

Advertisement
Videos

Binance CEO Willing To Step Down

Bitmain spins off Antpool bitcoin mining pool. Indian banks invest in blockchain technology. Binance CEO reconfirms he is willing to step down. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast”.

CoinDesk placeholder image

Finance

Luxor Technologies Launches Index of Crypto Mining Stocks

The crypto mining and data firm’s new index product seeks to capture public-market sentiment on the firms pumping out new coins.

Luxor Technologies CEO Nick Hansen (left) and VP of Business Development Alex Brammer