Miners


Finance

Bitcoin Miners Are Starting to ‘Hodl’ Again, but for How Long?

Some bitcoin miners are likely to spend some of their mined coins to pay for expenses and growth as bitcoin price dips.

(Eric Meola/Stone/Getty Images)

Finance

Marathon Digital to Expand Hashrate by 600% With Record Purchase of Bitcoin Miners

The Las Vegas-based miner expects to have 199,000 operational miners generating 23.3 exahashes by early 2023.

A bitcoin mining farm. (Marko Ahtisaari/Flickr)

Policy

Paraguay’s Senate Approves Proposal Regulating Crypto Mining and Trading

The bill, which seeks to take advantage of the Latin American country’s energy surplus, will be discussed by the Chamber of Deputies in 2022.

Bandera de Paraguay. (Alex Steffler/Wikimedia Commons)

Finance

Bitcoin Miner Iris Energy Has More Than 100% Upside, JPMorgan Analyst Says

The bank’s analyst initiated research on Iris Energy with a buy-equivalent rating and a 12-month price target of $30 per share.

Data Center Server Room Bitcoin Mining

Finance

Marathon Digital Sell-Off a Buying Opportunity, DA Davidson Analyst Says

The decline of the bitcoin miner’s shares because of the SEC’s subpoena and convertible debt offering is “overdone,” according to the firm.

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

Finance

Top Bitcoin Mining Pool Foundry Starts Digital Currency Staking Business

The new business will provide staking services to institutional investors for 20 blockchain networks, including Solana, Helium, The Graph and Horizen.

Foundry, based in Rochester, N.Y., provides services to crypto miners such as equipment financing and pooling.

Finance

Argo Blockchain Shares Fall After Workers Accidentally Share Non-Public Information

The bitcoin miner said employees disclosed potential hashrate upside and the cost to build a new facility in Texas, which was then shared in a tweet.

Argo Blockchain Answers Crypto Mining's ESG Challenge

Finance

Crypto Miner Hut 8 Buys 12,000 New MicroBT Miners for $58.7M

The company expects to start taking delivery in January 2022.

Hut 8 plant

Finance

Alibaba to Stop Selling Crypto Mining Machines

The company said it was following Friday’s PBoC guidelines, but also taking note of global crypto regulation instability.

People's Bank of China (Emmanuel Wong/Getty Images)

Policy

US Reps. Emmer, Soto Reintroduce Legislation to Clarify 'Money Transmitter' Designation

The congressmen called proposed guidance from the Financial Action Taskforce "concerning."

Rep. Tom Emmer