Mining

Mining

Policy

Crypto Miners Lobby U.S. Lawmakers to Counter Environmental 'Misunderstanding'

Dozens of mining firms came to Washington to steer the policy narrative away from negative environmental claims and make a case for mining as an economic and security boon.

Perianne Boring, CEO of the Chamber of Digital Commerce, led a group of crypto miners to meetings with members of the U.S. House of Representatives this week. (Scott Moore/Shutterstock/CoinDesk)

Finance

Bitcoin Mining Stocks Rally as BTC Holds Above $30K Despite Looming Halving Concerns

The reward for mining new BTC will be cut in half soon, making it hard for less-efficient operators to survive.

Credit: Shutterstock

Policy

Pennsylvania Lawmaker Scraps Crypto Mining Ban to Advance Energy Conservation Bill

The state's Environmental Resources and Energy Committee accepted the amended bill on Monday by a slim margin.

Pennsylvania state capitol (Unsplash)

Finance

Bitcoin Miner Marathon Confirms Mining Invalid BTC Block Due to a Bug

The block was invalidated due to a "transaction ordering issue."

Antminer bitcoin mining rigs displayed at Consensus 2021 (Christie Harkin/CoinDesk)

Tech

Arbitrum Users Can Now Trade Bitcoin Mining Power With Each Other

Bitcoin miners have the ability to easily buy and sell hashing power to interested purchasers. The trades will be routed through smart contracts and will specify hashrate amount, duration and price.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Finance

Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M

The deal will see Bitmain receive $53.9 million worth of common CORZQ stock.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Finance

Bitcoin Miner F2Pool Returns 19.8 BTC to Paxos After Overpaid Fee

Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week.

(Sandali Handagama)

Policy

Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal

Celsius had previously claimed hundreds of millions in damages in a squabble over unpaid dues that led to its mining rigs being powered down.

Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)

Finance

Nvidia's Make-or-Break Earnings Could Be Huge for AI-Tied Crypto Tokens

Tokens such as FET as well as shares of cryptocurrency miners could move after the giant chipmaker's earnings.

robot hand holding dollar bills

Finance

Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan

Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said.

(Sandali Handagama)