Mining

Mining

Finance

Struggling Bitcoin Miners Are Flocking to Maple Finance’s $300M Lending Pool

A pipeline of 10 mining firms will make up the first cohort of borrowers, with some 25 on the waitlist.

Sid Powell, CEO of Maple Finance (Maple Finance)

Finance

Argentina desmantela una instalación ilegal de minería de criptomonedas y detiene a 40 personas

En una causa donde también investiga el robo de electricidad, la agencia de recaudación de impuestos incautó dinero en efectivo y equipamiento de minería.

Argentina flag (Unsplash)

Finance

Argentina Dismantles Illegal Crypto Mining Operation, Arrests 40

The country’s tax collection agency has seized cash and crypto mining equipment in a series of raids.

Argentina flag (Unsplash)

Finance

Wall Street Analyst ‘Pulling the Plug’ on Bitcoin Miners Owing to Bear Market Woes

DA Davidson analyst Chris Brendler downgraded Core Scientific and Argo Blockchain from buy to neutral and said the bank has grown “increasingly concerned” about the miners.

Core Scientific facility in North Carolina. (Core Scientific)

Policy

Los países europeos deben estar listos para bloquear la minería de criptomonedas, según Comisión Europea

El órgano ejecutivo de la Unión Europea también quiere que las blockchains exhiban indicadores de eficiencia energética y que se acaben las exenciones impositivas a las criptomonedas.

The EU flag (Christian Lue/Unsplash)

Policy

EU Countries Must Be Ready to Block Crypto Mining, Commission Says

The European Union's executive arm also wants blockchains to show energy-efficiency labels and to end crypto tax breaks.

The EU flag (Christian Lue/Unsplash)

Finance

Bitcoin tardó más de una hora en minar un bloque y retrasó miles de transacciones

Un intervalo de 85 minutos dejó más de 13.000 transacciones pendientes el lunes.

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

Finance

Bitcoin Fails to Produce 1 Block for Over an Hour

An 85-minute block interval left more than 13,000 transactions stuck in a pending state on Monday.

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

Finance

A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes

The situation is further disrupting the economics of a sector already hit by low crypto prices and high energy costs.

Brand new and used bitcoin mining rigs at CleanSpark's site in Georgia. (Eliza Gkritsi/CoinDesk)