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Latest from Eliza Gkritsi
Hut 8 Has Added 5,800 Mining Rigs at Its Ontario Site
The company said it will hold all the bitcoin it mines, as other crypto miners sell their coins.

Bitmain to Start Selling New Ethereum Mining Rig Model Wednesday
Despite the Merge edging closer, Bitmain is releasing an Ethereum ASIC.

TeraWulf Adds $50M in Debt to Build Data Center Infrastructure
The miner aims to seize opportunities created by the market slump.

Software Firm Meitu Lost Up to $52.3M in H1 Due to Slide in Crypto Prices
The app developer had bought 940.89 BTC and 31,000 ETH in spring of 2021.

Good Time to Buy Crypto Mining Stocks, Says DA Davidson as It Slashes Hashrate Forecasts
There's now major upside to crypto mining stocks, even with significantly lowered earnings and hashrate projections.

Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market
Private and publicly listed crypto miners owe up to $4 billion in debt used to finance the construction of gargantuan facilities across North America, according to industry participants and data compiled by CoinDesk.

Singapore Central Bank Censures Three Arrows Capital for Alleged Misleading and False Disclosures
The crypto hedge fund also exceeded the threshold of assets it could manage in Singapore, according to the central bank.

Blockchain Analytics Firm Kaiko Raises $53M Series B Led by Eight Roads Amid Bear Market
The investment will enable Kaiko to further strengthen its institutional data products and infrastructure, it said.

Crypto Exchange Bitget Plans to Double Workforce as Peers Cut Back in Bear Market
In contrast with exchanges Coinbase and Gemini, the derivatives platform plans to increase its staff.

Bit Digital Production Slump Continued Into Q1, Strikes Deals With Coinmint, Riot to Increase Hashrate
The bitcoin miner has struggled to recover its hashrate since moving its operations out of China.
