Mining

Mining

Finance

Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured

The company was financed by Generate Capital, which seized the data-center operator’s assets.

Compass' Wolf Hollow site in Granbury, Texas (Compute North)

Markets

Ethereum: US$319 millones en cripto de mineros salen al mercado luego de la fusión

Los mineros se deshicieron de más de 16.000 ETH (más de US$20 millones) durante la semana pasada, según mostraron los datos de la cadena. Aún tienen alrededor de 245.000 ETH pero ninguna relación comercial con la blockchain.

(Midjourney/CoinDesk)

Finance

Bitcoin Miner Iris Energy Signs Up to $100M Equity Deal With B. Riley

B. Riley previously signed a similar deal with Core Scientific in July, under which the miners have the rights but no obligations to sell the shares to the investment bank.

Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)

Finance

Compute North Files for Bankruptcy as Crypto-Mining Data Center Owes up to $500M

The company's CEO stepped down earlier this month and its COO will serve as the president.

Compass' Wolf Hollow site in Granbury, Texas (Compute North)

Finance

Amid Market Rout, Crypto Miners Are Still Building

Crypto miners are still developing innovative data centers despite a souring market that has some miners struggling to survive.

El bear market afectó los precios de minería de bitcoin. (Marko Ahtisaari/Flickr)

Finance

Bitmain Discounts Bitcoin Mining Machines in an Already Depressed Market

Prices for bitcoin mining rigs have fallen by about 70% this year.

A Bitfarms mining facility in Washington State. (Eliza Gkritsi/CoinDesk)

Finance

DeFi Platform Maple Finance Aims to Help Struggling Bitcoin Miners With $300M Lending Pool

The DeFi platform is launching its first fully collateralized, industry-specific lending pool with up to 20% interest rate as bitcoin miners are finding it tough to raise capital.

A Bitfarms mining facility in Washington State. (Eliza Gkritsi/CoinDesk)

Finance

Bitfarms abre una operación en Argentina y aumenta el hashrate a 4,1 EH/s

La compañía canadiense planea abrir el próximo año un segundo sitio de minería en el país dados los bajos costos de electricidad.

Un empleado de Bitfarms supervisa hardware de minería de bitcoin. (Aoyon Ashraf/CoinDesk)

Tech

El 90% de los mineros PoW quedará en bancarrota, según el minero de Ethereum Chandler Guo

La fusión perjudicó mucho a la minería, le dijo a CoinDesk Guo, defensor del mecanismo proof-of-work. Consideró que la bifurcación de Ethereum que él respalda atraerá a los mineros que queden a medida que se solucionen las fallas.

Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)

Opinion

Ethereum PoW Is Not an Ethereum Competitor

Will proof-of-work blockchains benefit from the Merge, beyond short-term speculation?

(Sandali Handagama/CoinDesk)