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Latest from Eliza Gkritsi
Binance to Advise on Crypto Strategy as Kazakhstan Looks to Boost Industry
The country known as a bitcoin mining hub is trying to attract more crypto firms and broaden the industry.
As Bitcoin Price Slides, Older Mining Rigs Are Becoming Less Profitable
Even as Bitcoin's mining difficulty adjusts downward, the price trend might spell a crisis for retail miners. On the other hand, it could be an opportunity for those looking to buy rigs.
Crypto Lender Babel Finance Lands Unicorn Status With $80M Series B
The funding round sets the firm's valuation to $2 billion.
First a Hum and Then a Bang: Niagara Falls Residents Forced to Reckon With Crypto Mining
The city in New York has imposed a moratorium on new bitcoin mining operations as complaints about noise were compounded by an explosion and fire at a mining site last week.
NY Bitcoin Miners Start to Give Up on State Amid Regulatory Uncertainty
New York was once a draw for miners, but environmental concerns are weighing on the industry.
Mining-Rig Maker Canaan Q1 Revenue More Than Triples
Canaan shares climbed after first-quarter earnings beat one analyst's estimates.
Bitcoin Miner Argo Blockchain 'Leans Toward' Designing Custom Miners With Intel Chips
Custom bitcoin mining rigs will allow miners to design their own machines instead of having to settle for ready-made ones from a duopoly of manufacturers.
Slumping Galaxy Digital Announces Share Repurchase Plan
The stock had dropped 20% earlier this week, when the company reported a first-quarter loss.
The9 Buys Data Center in Kyrgyzstan to Host 7,500 Antminers
The crypto miner expects the 31.5 MW facility to be ready in July.
Environmental Groups Call on US Government to Implement Stringent Bitcoin Mining Regulations
Local and national activists are banding together to limit what they consider are the industry's adverse effects on the environment.
