Bitcoin Mining

Bitcoin Mining

Finance

Bitmain Founder Jihan Wu Setting Up $250M Fund to Buy Distressed Bitcoin Mining Assets: Report

Wu's Bitdeer Technologies will initially invest $50 million and aims to raise another $200 million from outside investors.

Bitdeer founder Jihan Wu (CoinDesk)

Finance

Bitcoin Mining's Sustainable Electricity Mix May Be Declining, Says Cambridge University Research Organization

The CCAF uses publicly available data to run a theoretical model to estimate the environmental footprint of bitcoin mining.

A Bitfarms mining facility in Washington State. (Eliza Gkritsi/CoinDesk)

Videos

Bitcoin Lake Project Founder on Sustainable Crypto Mining Through Used Cooking Oil

Some residents in Guatemala are taking a cue from El Salvador's Bitcoin Beach, aiming to use cooking oil remnants that could otherwise make its way into a local lake in Panajachel (Pana), for bitcoin (BTC) mining. Bitcoin Lake Founder Patrick Melder shares insights into the project. "It's the first time in the world that cooking oil is being used to create energy to mine bitcoin," Melder said.

Recent Videos

Videos

Marathon Digital Downgraded on Headwinds From Compute North’s Bankruptcy

Global financial services firm BTIG's Gregory Lewis has downgraded bitcoin miner Marathon Digital's stock from "buy" to "neutral" following headwinds from Compute North's bankruptcy filing. "The Hash" hosts discuss what this means for Marathon Digital and the state of bitcoin mining.

Recent Videos

Finance

Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured

The company was financed by Generate Capital, which seized the data-center operator’s assets.

Compass' Wolf Hollow site in Granbury, Texas (Compute North)

Finance

Bitcoin Miner Iris Energy Signs Up to $100M Equity Deal With B. Riley

B. Riley previously signed a similar deal with Core Scientific in July, under which the miners have the rights but no obligations to sell the shares to the investment bank.

Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)

Videos

'We're Mining as Usual' in Market Downturn: White Rock Management CEO

White Rock Management CEO Andy Long discusses how the company is still keeping mining operations running despite the turbulent crypto market. "You have to make sure that your operations are efficient" and not to "over-leverage yourself before the bear market," he said.

Recent Videos

Finance

Amid Market Rout, Crypto Miners Are Still Building

Crypto miners are still developing innovative data centers despite a souring market that has some miners struggling to survive.

El bear market afectó los precios de minería de bitcoin. (Marko Ahtisaari/Flickr)

Finance

Riot Blockchain Sues Northern Data Over Disclosures Related to Texas Bitcoin Mine Acquisition

This is the second lawsuit related to the giant Texas mine that Riot acquired last year.

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

Finance

DeFi Platform Maple Finance Aims to Help Struggling Bitcoin Miners With $300M Lending Pool

The DeFi platform is launching its first fully collateralized, industry-specific lending pool with up to 20% interest rate as bitcoin miners are finding it tough to raise capital.

A Bitfarms mining facility in Washington State. (Eliza Gkritsi/CoinDesk)