Aoyon Ashraf

Aoyon Ashraf is CoinDesk's managing editor for Breaking News. He spent almost a decade at Bloomberg covering equities, commodities and tech. Prior to that, he spent several years on the sellside, financing small-cap companies. Aoyon graduated from University of Toronto with a degree in mining engineering. He holds ETH and BTC, as well as ALGO, ADA, SOL, OP and some other altcoins which are below CoinDesk's disclosure threshold of $1,000.

Aoyon Ashraf

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Finance

Bitcoin Miner Argo Blockchain Emerged Unscathed From Its UST Stake

The company said it was able to sell its minimal UST stake for around 93 cents per token before the price completely collapsed.

Fans enter the Terra Club dining area between innings. (Danny Nelson/CoinDesk)

Finance

Celsius Network Files Draft S-1 Form to Take Its Mining Unit Public

The filing is expected to become effective after the SEC completes its review process, subject to market and other conditions.

The Celsius both at Bitcoin Miami 2022 (Danny Nelson/CoinDesk)

Finance

Mawson to Develop New Bitcoin Mining Site in Texas

The facility could accommodate up to 4 EH/s of mining power.

Riot Blockchain is acquiring a bitcoin mining center in Texas.

Finance

Bitcoin Miner Bitfarms Lowers Hashrate Outlook to 6 EH/s This Year

The miner is still assessing other opportunities to expand its capacity to as much as 8 EH/s by the end of the year.

Bitfarms' mining facility in Quebec (Aoyon Ashraf for CoinDesk)

Markets

CleanSpark, Hut 8 Stocks Lead Bitcoin Miner Rally as Markets Bounce Back

Those miners with larger operations and lower costs are winning favor with investors amid volatile market conditions.

Bitcoin miners on the rise on Friday. (Francesco Carta fotografo/Getty images)

Finance

Core Scientific Cites Crypto Market Turmoil in Lowering Its Growth Outlook

The miner said it has also received overtures about potential M&A deals as some other miners struggle to finance their growth.

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Finance

Core Scientific Cuts Hashrate Outlook, Q1 Revenue Misses Estimates

Despite the shortfalls, the bitcoin miner's shares were up in after-hours trading.

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)

Finance

Soluna Receives $35M From Spring Lane to Build Green Data Centers

The money brings Soluna’s total funding for data centers co-located with renewable energy assets to $100 million.

Bitcoin mining can soak up renewable energy that is hard to transmit or consume locally, giving a leg up to energy producers. (Yunha)

Finance

Bitcoin Miner Iris Energy Reiterates Hashrate View; Revenue Misses Estimates

The miner’s adjusted EBITDA margin slipped to 48% in the fiscal third quarter versus 72% in the prior quarter and 57% a year ago.

Cryptocurrency mining rigs sit on racks. (James MacDonald/Bloomberg via Getty Images)

Finance

Hive to Consolidate Shares to Attract More Institutional Investors

The crypto miner will have a 5-to-1 reverse stock split.

A crypto mining farm (Sandali Handagama/CoinDesk)