Mining


Finance

Crypto Mining and Staking Firm Foundry Buys Some of Troubled Bitcoin Miner Compute North's Assets

Foundry will buy two mining facilities and has an option to acquire a third site that is under development.

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

Videos

Stronghold Digital CEO on State of Bitcoin Mining Amid FTX Fallout

Stronghold Digital Mining CEO Greg Beard discusses his outlook for the bitcoin mining industry as the collapse of crypto exchange FTX continues to ripple across the digital asset space and BTC sinks below $16,000. "The great unwind is happening now," Beard said.

Recent Videos

Finance

Startup Arkon Energy Raises $28M to Further Expand Into Bitcoin Mining

The Australian company also bought Hydrokraft AS, a renewable energy-based data center in Norway with up to 60MW of power capacity.

(Midjourney/CoinDesk)

Markets

El saldo de los mineros de bitcoin cae y el colapso de FTX afecta al mercado cripto

Datos de Glassnode muestran que la cantidad de bitcoin que poseen los mineros en las billeteras cayó a un mínimo de 10 meses.

La cantidad de bitcoin que poseen los mineros en las billeteras cayó a un mínimo de 10 meses. (Glassnode)

Finance

Canaan Q3 Net Income Drops 88% as Bitcoin Mining Declines

Negative market dynamics have caused a reduction in net income, revenue and computing power sold in the third quarter of this year.

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

Markets

Bitcoin Miners' Balance Slides as FTX Collapse Weighs on Crypto

Data tracked by Glassnode shows, the number of bitcoin held by miner wallets has dropped to a 10-month low.

The number of bitcoin held in miner wallets hits a 10-month low. (Glassnode)

Finance

Ex-Ethereum Miners Token Hop to Stay Alive After the Merge

Following the Ethereum Merge, only 20% of miners have switched to other proof-of-work networks.

(Midjourney/CoinDesk)

Finance

Bitcoin Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for 2022

The miner is targeting 9 EH/s for the end of the year, but continues to guide to 23 EH/s by the middle of 2023.

MARA Holdings CEO Fred Thiel, at the Bitcoin conference in Miami (CoinDesk)

Policy

US Midterm Elections to Set the Tone for Bitcoin Miners' Future

The midterm elections are key to determining the industry’s future, which is increasingly under attack by environmental advocates.

The White House South Lawn, Washington DC, America (Joe Daniel Price/Getty Images)

Finance

Canadian Energy Provider Hydro-Quebec Proposes Stopping Electricity Supply to Blockchain Industry

The utility asked Canada's energy regulator to suspend the allocation of 270 megawatts that had previously been planned for blockchain industry in Quebec.

Bitcoin mining can soak up renewable energy that is hard to transmit or consume locally, giving a leg up to energy producers. (Yunha)