Mining

Republicans Seek to Counter Effort to Curtail Crypto Mining
The word of caution comes after Democrats warned a top environmental official in April about harms of digital assets mining.

Bitfarms Looks to Boost Liquidity With Sale of 1,500 Bitcoin, New Loan
The miner paid down a credit line from Galaxy Digital while inking new equipment financing from NYDIG.

CleanSpark Takes Advantage of Bear Market to Acquire Mining Rig Contracts
The miner also partnered with TMGcore to expand its immersion-cooled bitcoin mining infrastructure.

NYC Mayor Eric Adams Wants State's Governor to Veto 2-Year Moratorium on PoW Mining: Report
The city's pro-crypto mayor plans to ask Gov. Kathy Hochul to veto the bill to stop proof-of-work mining temporarily.

Compass Mining: Bringing Bitcoin Mining to the Masses
In this segment of “Crypto Gadgets & Gear,” live from Consensus 2022 in Austin, host Jenn Sanasie sits down with Jameson Nunney of Compass Mining who brought mining equipment to the CoinDesk TV set. Compass Mining makes carbon-zero bitcoin mining hardware they say is designed to make mining hassle-free.

NY Governor Has Not Signed Bill That Cracks Down on Bitcoin Mining Yet
Core Scientific founder Darin Feinstein discusses the future of Bitcoin mining after New York lawmakers pass a bill that would temporarily freeze new crypto mining projects at fossil fuel-burning plants.

Fidelity CEO Talks Including Bitcoin in 401(k) Accounts
Fidelity announced that it will allow investors to put bitcoin (BTC) into their 401(k) retirement savings accounts later this year. CEO Abby Johnson discusses the rollout, bitcoin mining and outlook on “frictionless capital markets.”

Argo BlockChain CEO Peter Wall on Bitcoin Mining
Argo BlockChain CEO Peter Wall discusses the impact of the bear market on miners. Wall explained the firm is "really honestly focused on the longterm." Argo BlockChain has just opened a new mining facility in Texas in addition to its facilities in Quebec. Wall addressed concerns over the drastic decline of the firm's first quarter profit and issues at its Texas facility.

Marathon Digital Bitcoin Production Weaker Than Hoped in May
The company continues to "HODL" all of its mined bitcoin, with 9,941 coins worth $315.1 million on its balance sheet as of June 1.

Argo Blockchain to Build Intel-Based Bitcoin Mining Rigs With ePIC Blockchain
The partnership is an extension of a 2021 deal in which Argo agreed to buy $8 million worth of ePIC's miners.

