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Crypto Mining
Digital Currency Group Spins Off Crypto Mining Subsidiary Fortitude From Foundry
Fortitude Mining will produce bitcoin and other proof-of-work tokens.
Bitcoin Miner Bitfarms to Buy Rival Stronghold Digital for $175M in Stock, Debt
The deal comes weeks after Riot Platforms dropped a bid to buy Bitfarms, choosing to try and overhaul the company's board before pursuing a takoever again.
Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says
U.S.-listed mining companies produced a larger share of bitcoin in July than the previous month as they brought on new capacity faster than the network hashrate rose, the report said.
U.S. Blocks China-Tied Crypto Miners as 'National Security Risk' Near Nuke Base
President Biden ordered a halt to the MineOne operation near Warren Air Force Base, citing Chinese ownership, foreign technology and proximity to a strategic missile base.
British Columbia Court Backs Ban on Crypto Mining in Canadian Province
Conifex, a B.C.-based cryptocurrency mining company, challenged B.C. Hydro's 18-month moratorium on mining.
Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan
Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said.
Animated Series Futurama Takes Characters to 'Doge City,' Mocks Crypto Miners
In its latest episode, which aired on Aug. 7 on streaming platform Hulu, the characters attempt to make money by selling thallium, a toxic metal used to mine crypto in the shows, to crypto miners in “Doge City.”
Crypto Mining Retailer Phoenix Looks at IPO in UAE: Bloomberg
The UAE-based firm is developing one of the region’s largest mining facilities.
White House Pushes for Punitive Tax on Crypto Mining
The Biden administration is campaigning for a tax first sought in a recent federal budget proposal, advocating that crypto miners pay an amount equal to 30% of their energy costs.
Crypto Miner Core Scientific Appoints a New President
The company filed for bankruptcy in December but continues to mine bitcoin.
