Mining
Bitcoin Miner Bitfarms Warns of Default
Bitcoin miner Bitfarms (BITF) might have already or may in the future stop making installment payments on a $20 million loan from bankrupt crypto lender BlockFi, effectively defaulting on the loan, according to a press release. As a result, Bitfarms is looking to modify the loan. "The Hash" panel breaks down the details of the loan.
Bitcoin Miner Bitfarms Warns of Default, Looks to Amend BlockFi Loan
The outstanding $20 million loan is secured by only $5 million in assets.
Alkimiya Raises $7.2M Funding Round to Grow Cash Flow Hedging Protocol for Miners, Stakers
The funding round was led by Castle Island Ventures and 1kx. It included contributions from Circle Ventures, Coinbase Ventures and Dragonfly Capital Partners
Crypto Terms Become Dirty Words as Bear Market Lingers
Companies are taking steps to mask their industry ties during a time of scandals and losses.
Argo Blockchain's Bitcoin Mining Margin Widens Most in at Least a Year
December production fell 26% as Argo powered off during a Texas storm.
Hong Kong Firm With Ties to Bitmain Reorganizes to Focus on Crypto Asset Management and Hedging
Newly named Metalpha has its work cut out for it, hedging an uncertain market for institutional clients.
How Bitcoin Mining Got 'Even More Competitive' In 2022: Analyst
In CoinDesk Research's Annual 2022 Review report, Research Associate George Kaloudis sheds light on how the decline in BTC price and the rise in Bitcoin hashrate impacted the mining space.
CoinDesk Research’s 2022 Annual Crypto Review
Even though 2022 was a bear market it was an eventful year for all facets of the crypto industry.
Hive Earned Equivalent of 184 BTC From Curtailing Its Power Use in December
The miner has also installed the first Buzzminers, computers it designed using Intel's new bitcoin mining chip.
