Bitcoin Mining
Riot Blockchain Exec on Bitcoin Mining in Texas, Energy Outlook
Bitcoin miners in Texas are halting operations as the state's power grid nears its breaking point amid an intense heat wave. Riot Blockchain Vice President of Capital Markets Philip McPherson discusses the power crisis in Texas and what this means for Riot and the wider mining community. Plus, advice for surviving crypto winter.
US Congressional Group ‘Disturbed’ by Crypto Mining Energy Usage
The six Democratic lawmakers found that seven large crypto miners consume enough energy to power all the households in Houston, Texas.
Bitcoin Mining Rig Prices Slump to Near 2-Year Lows Amid Celsius Bankruptcy
Celsius’ mining unit is said to have auctioned off some of its newly purchased mining rigs at fire-sale prices back in June, before filing for bankruptcy.
Crypto Miner CleanSpark Continues to Take Advantage of Bear Market as it Scoops Over 1K Rigs
Crypto miner CleanSpark has purchased 1,061 bitcoin mining rigs that are already in operation at hosting firm Coinmint’s facility in New York. In June, the Las Vegas-based miner bought contracts for another 1,800 mining rigs. “The Hash” hosts unpack what this means for the bitcoin mining ecosystem.
Bitcoin Production Cost Has Dropped to About $13K, JPMorgan Says
Declining production costs could be seen as a negative for bitcoin prices, the Wall Street bank said in a report.
Crypto Miner CleanSpark Continues to Take Advantage of Bear Market as it Scoops Over 1K Rigs
In June, the Las Vegas-based miner bought contracts for another 1,800 mining rigs.
Celsius' Mining Unit Files for Bankruptcy Just Months After Announcing IPO Intention
Celsius Mining said in March that it intended to go public.
Compass Mining CEO and CFO Resign Amid 'Setbacks and Disappointments'
The company appointed co-founder and Chief Technology Officer Paul Gosker and Chief Mining Officer Thomas Heller as interim co-presidents and CEOs.
How Crypto Mining Is Impacting Power Grid in Texas
Crypto miners in Texas are shutting down operations as the state’s electrical grid braces for a heat wave and surging power demand. Steve Kinard, director of bitcoin analytics at Texas Blockchain Council and Joshua Rhodes, The University of Texas at Austin research associate, discuss what this means for the mining community in Texas and beyond.
Crypto Mining Stocks Bounce Amid Bitcoin Recovery
Investors are likely feeling comfortable as the price of the largest cryptocurrency has stabilized over the past few days.
