Bitcoin Mining
Valkyrie Bitcoin Miners ETF Approved for Nasdaq Listing
Valkyrie Funds has launched Valkyrie Bitcoin Miners ETF (WGMI) on the Nasdaq today, offering exposure to the stocks of bitcoin miners. Valkyrie Investments CIO and co-founder Steven McClurg shares his insights amid SEC further delaying its decision on approving Grayscale's spot bitcoin ETF. Plus, outlook for the global macro crypto market.
Valkyrie Bitcoin Miners ETF Managers Bullish on Green Firms as Fund Begins Trading
The digital asset manager expects miners using renewable energy will be the ultimate winners in the space.
Kazakhstan President Calls for Tax Increase on Crypto Mining: Report
Just weeks after a tax on mining came into effect, the government is looking to raise it fivefold.
Valkyrie Bitcoin Miners ETF Approved for Nasdaq Listing
The fund will begin trading tomorrow under the ticker “WGMI" and has an expense ratio of 0.75%.
Crypto Miner Merkle Among First to Get Bitmain’s Newest Liquid Cooling Mining Rigs
Merkle will receive 4,449 S19 Pro+ Hydro’s from Bitmain in May.
Sphere 3D to Buy 60K NuMiner Machines for $1.7B
NuMiner says its NM440 miners have a hashrate of 440 terahash per second (TH/s), 122% greater than rival Bitmain’s newest machines.
Electricity Consumption in Siberian Region Rises Fourfold Due to Crypto Mining
The Russian government is working on new crypto mining regulation.
Senator Warren Targets 6 More Crypto Miners for Their Energy Use
U.S. Sen. Elizabeth Warren (D-Mass.) expanded her inquiry of bitcoin miners’ energy usage and their environmental footprint, sending letters Thursday to six more miners, including Riot Blockchain and Marathon Digital Holdings. In December, Warren wrote to Greenidge Generation. "The Hash" team reacts, discussing the industry implications in the wake of China's crypto mining crackdown.
China’s Digital Yuan to Face International Users at Beijing Winter Olympics
China's central bank digital currency (CBDC), the digital yuan, is expected to make its international debut next week at the Beijing Winter Olympics. Michael Sung, professor of Fintech & Innovation at Fudan University, shares insights into China's CBDC rollout and its potential ripple effect across the world, particularly in the U.S. Plus, could bitcoin mining return to China?
Miners Remain Unfazed by Crypto Sell-Off, Expect More M&A
While some miners may face difficulty raising equity or staying as profitable, many feel confident they can navigate the current downturn.
