Bitcoin Miners


Markets

Sichuan Becomes Latest Chinese Province to Order Bitcoin Miner Shutdown

The Sichuan government has joined other Chinese provinces in ordering local bitcoin mining operations to shut down pending an inspection.

Ziping Pu dam in China's Sichuan province.

Finance

Greenidge to Merge, Becoming First Publicly Traded Bitcoin Miner With a Power Plant

Greenidge's holding company announced the planned merger with Nasdaq-listed Support.com Monday.

Greenidge Generation's bitcoin mining facility.

Markets

Bitcoin Falls as Miners Sell, Institutions Watch Yellen

Some institutions have paused their buying, at least for the moment.

The infamous "buy bitcoin" sign behind then-Fed Chair Janet Yellen as she testified on Capitol Hill.

Markets

Bitcoin Miners Aren’t Responsible for Recent Price Dips, Data Shows

Analysts and mining pools say selling pressure from mining wallets hasn't contributed to recent corrections in bitcoin's price.

ETF

Markets

Bitcoin’s Rally Could Be Caused by a Supply Crunch in China

Chinese miners are struggling to sell their crypto in ways that would quickly get them much-needed cash in the face of a government crackdown on local exchanges.

Bitcoin's surging price could be, in part, caused by a drying up of supply.

Tech

'A Race Toward Zero': With Hashrate in the Clouds, Bitcoin Mining Is Less Profitable Than Ever

ASIC financing has driven Bitcoin's hashrate to all-time highs in 2020. By consequence, Bitcoin is less profitable to mine than ever.

GettyImages-643942724

Finance

Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving

Bitcoin mining firm Hut 8 reported a sharp drop in revenue. However, the rising value of the firm's BTC holdings helped it finish the quarter in the black.

Máquinas de minería de bitcoin (Shutterstock)

Finance

Bitmain’s Power Struggle Takes Toll on Customers as Co-Founder Halts Shipments

Like the employees forced to choose sides, Bitmain customers have been caught in the middle of the power struggle at the No.1 bitcoin miner manufacturer.

Credit: CoinDesk archives, modified using PhotoMosh

Markets

Market Wrap: Some Miners Face an Uncertain Future Despite Rising Bitcoin Price

A slowly rising bitcoin price might not help some miners run profitable operations now that the halving is in the past.

Source: CoinDesk Bitcoin Price Index

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