Bitcoin Mining

Bitcoin Mining

Finance

Michael Saylor, Jack Dorsey Among Bitcoin Heavyweights Defending Mining in Letter to EPA

Bitcoin mining sites are no different than data centers operated by mega-cap tech firms such as Amazon, Apple, Google, Meta and Microsoft, the authors wrote.

A bitcoin mining facility. (Christinne Muschi/Bloomberg via Getty Images)

Finance

Battered Bitcoin Miners Increasingly Turn to Debt Financing

Raising debt rather than equity to fund growth is being seen as more attractive, analysts say, but not everyone has the option.

Bitcoin mining machines (Getty Images)

Markets

Argo Blockchain Shares Jump After Updated Hashrate Guidance

The stock rose the most since March after the miner said it expects its hashrate to reach 5.5 EH/s by year-end.

A crypto mining farm (Sandali Handagama/CoinDesk)

Finance

Bitcoin Miner Argo Raises Hashrate Guidance Thanks to Intel Mining Chips

About 33% of its new projected hashrate will be contributed from Intel-powered mining rigs.

Semiconductor manufacturer TSMC did not mention crypto mining in its latest earnings. (Unsplash)

Finance

Riot Blockchain to Develop 1GW of Bitcoin Mining Capacity in Texas

The company said the expansion will occur in phases and bring Riot’s total capacity to 1.7 GW.

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

Finance

Bitcoin Miner Blockmetrix Raises $20M in Debt From BankProv and CrossTower

The proceeds will go toward buying more mining machines and investing in joint infrastructure ventures.

A bitcoin mining facility. (Christinne Muschi/Bloomberg via Getty Images)

Finance

Fort Worth to Become First US City to Mine Bitcoin

The Texas city will begin a pilot project with three Antminer S9 mining rigs following a vote by the city council on Tuesday.

Fort Worth Mayor Mattie Parker (left) and TBC President Lee Bratcher  (Fort Worth)

Finance

Scaramucci’s SkyBridge Starts Fund for Bitcoin Mining

The fund has $7 million already booked and was created for a second investment in bitcoin miner Genesis Digital, a source said.

SkyBridge founder Anthony Scaramucci (Cole Burston/Bloomberg via Getty Images)

Finance

Kevin O'Leary on Clean Bitcoin Mining, the Elon Musk-Twitter Conundrum

The future of the crypto mining industry is likely nuclear and hydro, the “Shark Tank” co-host said on CoinDesk TV’s “First Mover.”

(Kevin O'Leary, modified by CoinDesk)

Finance

BitNile to Lend Up to $100M to Small Businesses Backed by Bitcoin

Loans will range from $1 million to $25 million and be offered to publicly traded companies with less than $250 million in market capitalization.

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