Latest from Eliza Gkritsi
Hut 8's Q2 Loss Widens to $69M, Continues to 'Hodl' Bitcoin
The lower price of bitcoin and higher power costs hurt the results.
Bitcoin Miner Genesis Digital Locks In 708 MW of Energy for Mining
The power capacity of the mining company is spread across sites in west Texas, as well as North and South Carolina.
Bitcoin Miner Riot Blockchain Delays Earnings Report to Sort Out How Much Crypto Rout Devalued Its Assets
Its rivals Marathon, Cipher and CleanSpark all managed to get their results out this week as expected.
CleanSpark Raises Year-End Hashrate Guidance, Sets 2023 Outlook
The miner suffered a $29.3 million loss for the fiscal quarter, partly driven by the previously disclosed decision to sell its energy assets.
Cipher Mining Lowers Per-Terahash Cost of Crypto Mining Rigs Even as Quarterly Loss Widens
The miner expects to have 6.9 exahashes per second of computing power deployed by early 2023.
Bitcoin Miner CleanSpark Buys 36MW Facility and 3,400 Machines in Georgia for $25.1M
The Las Vegas-based company continues to look for growth in a market ripe for mergers and acquisitions.
Kazakh Authorities Arrest 23 Suspected of Forcing IT Professional to Run an Illegal Crypto Mine: Report
The country is still grappling with the illegal crypto mining industry.
Bitcoin Miner Marathon to Start Energizing Texas Rigs at Compute North Facility
The dramatic decline in bitcoin prices led to a $127.6 million impairment on the company's BTC holdings in the second quarter.
Iris Energy Turns On 41 Megawatts of Bitcoin Mining Machines Ahead of Schedule
The company plans to add another 50 MW by the end of next month, bringing its total hashrate to 3.7 exahashes per second.
After Countless Bungles, Compass Mining Tries to Change Course
The company that set out to make crypto mining available to retail investors has had to put out its own fires.
