Mining

Mining

Finance

Argo's Bitcoin Output in May Drops 25% From April Amid Teething Problems at Texas Facility

The company said the decline also reflected an increase in mining difficulty on the Bitcoin network.

Crypto mining machines

Layer 2

New Research Unearths Insights Into Satoshi and Bitcoin’s Early Days

The paper makes no claims about the Bitcoin network today, more than a decade after the end of the period analyzed. But it underscores well-known and longstanding privacy challenges.

ANCIENT HISTORY? The era of Bitcoin analyzed in a new study long predated the advent of specialized mining machines. (Jacqueline Martinez/Unsplash)

Finance

Crypto Miner Hive Blockchain Selling Ether to Pay for Intel Mining Rigs

The miner expects to have a bitcoin-equivalent hashrate of 6.2 exahash per second (EH/s) in the next 12 months.

Equipos de minería para bitcoin. (Sandali Handagama)

Opinion

New York Mining 'Ban' Is a Green Opportunity

The state’s possible moratorium on new carbon-based mining could be seen as an opportunity.

(Karsten Würth/Unsplash)

Finance

Crypto Miner Hut 8 Bucks Trend by ‘Hodling’ Its Mined Bitcoins

The miner also concluded its crypto lending program, bringing all of company bitcoin back into custody.

Hut 8 plant

Policy

Environmentalists Target Greenidge as They Turn Up Pressure on NY Governor to Sign Mining Moratorium Bill

A moratorium on new PoW mining projects that use behind-the-meter fossil fuel energy is now on the NY governor's desk.

The Greenidge Generation facility in Dresden, New York. (CoinDesk archives)

Finance

Market Rout Prompts Analyst to Slash Bitcoin Miners’ Price Targets by Average of 65%

BTIG’s analyst remains positive on the longer-term outlook for the miners, however, and is sticking with his buy ratings for the stocks.

Lower rates may be behind bitcoin's big move (© Eugene Mymrin)

Policy

New York State Senate Passes Bitcoin Mining Moratorium

The state Assembly had already passed the bill, which would bar new mining operations powered by carbon-based energy sources for two years.

Clark Vaccaro, acting president and chief strategy officer at BaSIC, a local trade organization, holding up a sign after a rally against the proposed bill last month. (Nikhilesh De/CoinDesk)