Mining


Tech

Daily Profitability for Ethereum Miners Hits Over 2-Year High

The surge in profitability comes after rises in transaction fees and prices of the ether cryptocurrency.

bitcoin miner

Markets

Is Bitcoin Mining Legal in India? Miners Still Don't Know

Following a recent Supreme Court decision, India's crypto industry is optimistic about the future. But miners still don't know if what they do is illegal.

Bongaigaon, Assam, India (Neelkamal Deka/Unsplash)

Tech

Zcash Latest Hard Fork 'Heartwood' Makes Mining Private

Privacy coin zcash has successfully hard forked at block height 903,000 in a planned network update known as “Heartwood.”

Zcash Foundation Executive Director Josh Cincinnati speaks at ETHDenver 2020. (Will Foxley/CoinDesk)

Finance

Fidelity International Doubles Stake in Bitcoin Mining Firm Hut 8

Billion-dollar fund manager Fidelity International is betting big on rebounding fortunes for the listed bitcoin miner Hut 8.

A crypto mining farm.

Markets

World's Biggest Mining Firm Makes First Ore Trade on a Blockchain

BHP has completed its first trial trade transaction of iron ore with China's Baosteel using blockchain technology.

(Shutterstock)

Markets

Miners Are Sending Bitcoins to Exchanges Again – And That May Be Bearish

A sudden spike in miner outflows of bitcoin to exchanges makes the cryptocurrency vulnerable to a price drop, according one analyst.

(RLHambley/Shutterstock)

Markets

Argo Buys $500K Worth of Zcash Miners as Bitcoin Revenue Shrivels

Doubling its mining capacity for privacy coin zcash could help Argo diversify after last month’s halving knocked its bitcoin revenue.

(Media Whalestock/Shutterstock)

Markets

Bitcoin Miner Maker Canaan's Stock Hits Record Low 1 Month After Halving

Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, fell below $2 Monday, their lowest after going public last year.

Crypto mining machines

Policy

Illegal Miners in Russia Stole $6.6M Worth of Electricity, Power Grid Firm Says

Electricity thieves built their own illicit power stations to connect hidden mining farms with the local energy grid, a state-owned provider says.

power lines

Markets

Argo's Mining Revenue Dips After Bitcoin's Halving

London-based bitcoin miner Argo reported that a dip in revenue last month may have occurred due to the bitcoin halving.

Credit: Shutterstock