Crypto-Mining


Videos

Residents Grapple with Crypto Mining Explosion In Niagara Falls

A Blockfusion crypto mining facility in Niagara Falls, New York, was victim to an electrical explosion and subsequent fire last week, causing thousands of miners to go offline.

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Videos

Do Kwon’s Taxing Questions; China’s Underground Mining

Terra’s Do Kwon answers back on office closures and tax payments. Tether (USDT) market cap has dropped by $10B since UST collapse. Sources say crypto miners have gone underground in China amid ban. Wine and liquor NFT platform looks to open up the industry. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Videos

Bitcoin Mining Difficulty Likely to Drop Next Week

“All About Bitcoin’s” Friday panel looks at what’s ahead: bitcoin mining difficulty is expected to drop next week, the World Economic Forum kicks off its annual meeting Sunday with crypto on the agenda, and what to expect from El Salvador as President Nayib Bukele hosted 44 countries to discuss bitcoin.

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Finance

Soluna Receives $35M From Spring Lane to Build Green Data Centers

The money brings Soluna’s total funding for data centers co-located with renewable energy assets to $100 million.

Bitcoin mining can soak up renewable energy that is hard to transmit or consume locally, giving a leg up to energy producers. (Yunha)

Finance

Hive to Consolidate Shares to Attract More Institutional Investors

The crypto miner will have a 5-to-1 reverse stock split.

A crypto mining farm (Sandali Handagama/CoinDesk)

Finance

Bitcoin Miner Riot First-Quarter Revenue Misses Estimate

The miner reiterated its hashrate guidance of 12.8 EH/s

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Finance

Argo Blockchain Borrows $70M From NYDIG to Buy Mining Rigs

The miner is getting more machines for its Helios facility in Texas.

A crypto mining farm (Sandali Handagama/CoinDesk)

Finance

Marathon Digital to Move Mining Rigs From Coal-Powered Montana Site

The company wants its bitcoin mining operations to be 100% carbon neutral by the end of the year.

Marathon Digital to Buy $121M of Mining Machines

Layer 2

After Short-Lived Ban, City in Upstate NY Is Still Reckoning With Crypto Miners

Cities across the U.S. are grappling with what it means to have cryptocurrency mining operations in their communities. Plattsburgh offers a sobering case study. This piece is part of CoinDesk's Mining Week.

Plattsburgh Mayor Christopher Rosenquest (Fran Velasquez/CoinDesk)

Finance

Crypto Miner Argo’s Monthly Sales, Bitcoin Output Fell on Higher Difficulty, Winter Storm

Argo Blockchain’s mining margin in February also narrowed from the previous month.

A bitcoin mining farm. (Marko Ahtisaari/Flickr)