Bitcoin Mining


Finance

Riot Blockchain Starts Move Away From New York Hosting Site

The crypto miner continued to sell its bitcoin, along with peers feeling the squeeze of the bear market.

A close-up of one of Riot's mining rigs. (Riot Blockchain)

Finance

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.

A Hut 8 mining site (Hut 8)

Finance

TeraWulf Adds $50M in Debt to Build Data Center Infrastructure

The miner aims to seize opportunities created by the market slump.

(Sandali Handagama/CoinDesk)

Finance

Core Scientific Sold Over 7K Bitcoins for About $167M in June, Sees More Sales

The crypto company plans to cash in on more self-mined bitcoins to cover expenses, growth and debt payments.

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Finance

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 mining stocks have lost roughly half of their value in the past month. (Sandali Handagama for CoinDesk)

Finance

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.

Crypto miners face margin calls, defaults as debt comes due in bear market. (Andrew Khoroshavin/Pixabay)

Finance

Bitcoin Miner Marathon Digital’s Montana Operations Go Offline After Storm

The miner had about 30,000 miners in the facility, representing over 75% of the company’s active fleet.

Marathon Digital CEO Fred Thiel (CoinDesk "First Mover" screenshot)

Videos

Report: Compass Mining Loses Maine Facility

Bitcoin mining hardware and hosting company has reportedly lost one of its hosting facilities in Maine after allegedly failing to pay the power bills. “The Hash” group discusses the significance of this news within the context of the bear market and what could happen to retail miners who are hosted by Compass Mining.

CoinDesk placeholder image

Finance

Luxor Launches Hosting Marketplace for Bitcoin Miners Amid Build-Out Delays

The marketplace will offer hosting clients in the U.S. and Canada, with miners able to have as little as one mining rig hosted by some providers.

Luxor Chief Product Officer Guzman Pintos, CEO Nick Hansen and VP of Business Development Alex Brammer (Luxor)