Canada


Finance

Bitcoin Miner Bitfarms Sinks to Fourth-Quarter Loss as Difficulty, Costs Rise

Bitfarms is shooting for 6 exahash per second of computing power by the end of 2023, the same goal it had set, and missed, for 2022.

(Eliza Gkritsi/CoinDesk)

Finance

Bitcoin Miner Hut 8 Talks Operational Issues and U.S. Bitcoin Corp. Merger in Earnings Call

Management spoke to investors on Thursday morning following release of the company's fourth-quarter and full-year 2022 results.

A Hut 8 mining facility (hut8.io)

Finance

Crypto Miner Hive Blockchain Posts Q3 Loss as Ethereum Merge Cuts Revenue, Mining Margin

The Canadian miner is launching its high-performance computing cloud business, which is 25 times more profitable than mining.

Crypto mining stocks have lost roughly half of their value in the past month. (Sandali Handagama for CoinDesk)

Videos

This New Bitcoin Hardware Wallet Resembles a BlackBerry

Canadian crypto hardware manufacturer Coinkite has designed a bitcoin hardware wallet reminiscent of an old-school BlackBerry phone straight out of the 2000s. CoinDesk Editor at Large Christie Harkin breaks down the details of the soon-to-be-released device dubbed Coldcard Q1.

Recent Videos

Policy

Canada Close to Tightening Rules for Crypto Exchanges: Sources

The changes will ensure it’s simply too expensive to do business in Canada, said one person familiar with the plans.

(British Library/Unplash)

Finance

Crypto Exchange Binance Introduces Tool for Calculating Taxes on Transactions

The tool, initially available to users in Canada and France, supports reporting of up to 100,000 transactions.

Sitio web de Binance. (Unsplash)

Finance

Crypto Trading Firm Cumberland Can Trade Crypto With Canadian Dollars

The move comes one week after Cumberland inked a deal with Canada-based crypto platform BitBuy to boost liquidity on that exchange.

(Sebastiaan Stam/Unsplash)

Markets

Bank of Canada Signals Pause to Rate Hike Cycle

Bitcoin is mostly ignoring the news, but it's a potentially bullish sign.

Time on clock stop by nail delay concept

Finance

CEO of Canadian Utility That Proposed Banning New Power to Crypto Miners Exits

Hydro-Québec CEO Sophie Brochu will officially step down in April after three years leading the company.

(Aoyon Ashraf/CoinDesk)