Mining


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)

Finance

Bitcoin Miner Stronghold Digital Bolsters Balance Sheet by Cutting Costs, Slashing Debt by More Than 60%

Stronghold won't have to pay up to $25 million of profit share to Northern Data, after ending bitcoin mining rig hosting deal.

Stronghold Digital Mining CEO Greg Beard (right) and Co-Chairman Bill Spence (left). 
(Stronghold Digital Mining)

Finance

Crypto Hardware Maker Fabric Systems Raises $13M in Seed Funding

Skype co-founder Jaan Tallinn's Metaplanet was among the investors.

CleanSpark's immersion cooling facility in Norcross, Georgia (Eliza Gkritsi/CoinDesk)