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Latest from Eliza Gkritsi
The End of the Texas Bitcoin Mining Gold Rush
The new era for mining in the state might look more like a slog than a boom – but it could also be better for the electric grid.
Sell-Side Analysts Trim Targets for Bitcoin Miner Argo Blockchain
Earlier this week, Argo lowered its year-end hashrate outlook from 5 EH/s to 3.2 EH/s.
Sanctioned Bitcoin Mining Firm BitRiver Loses Another Client as SBI Leaves: Sources
The Japanese bank is at least the second big name to emerge as ceasing work with BitRiver after the U.S. Treasury Department imposed sanctions on the Russian firm in April.
Bitcoin Miner Argo Blockchain Looks to Raise $25M-$35M for 4.1 EH/s Hashrate Target
The firm is also looking to sign a deal for power in the next few months to avoid paying spot prices.
Texas Bitcoin Mine Whinstone Countersues Japan's GMO Internet, Seeks $15M Damages in Four-Year Dispute
The dispute dates back to 2018, but recent activity appears to have been triggered by increases in the cost of electricity.
Bitcoin Miner Marathon Digital Targets Trimmed by Cowen
The bank did lift its share price target to $9, but that remains below the stock's current level of about $14.
Seven S. Korean Brokerages Plan to Start Crypto Exchanges Next Year: Report
Authorities in the country have trending towards strict oversight since the terraUSD collapse.
Crypto Mining Hosting Firm Applied Blockchain Adds $15M Loan to Pay Off Debt, Fund Growth
The company's North Dakota site was knocked offline in July due to an equipment failure in the substation feeding it power.
Tornado Cash's Discord Appears to go Dark
The crypto mixer's website seems to be offline for some users as well.
Crypto Miner Core Scientific Cuts 10% of Staff, Keeps Hashrate Projection
The company also took a $840 million accounting charge to write down the value of its assets.
