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Miners
Tough Time for Miners: NY Passes Moratorium; Riot Blockchain Sells More Bitcoin
Miners are facing new headwinds amid the market downturn. Riot Blockchain (RIOT) is unloading more than half of the bitcoin it mined in May. Separately, the New York State Senate passed a bitcoin mining moratorium, barring new proof-of work (PoW) mining operations powered by carbon-based energy sources for two years.

As Bitcoin Price Slides, Older Mining Rigs Are Becoming Less Profitable
Even as Bitcoin's mining difficulty adjusts downward, the price trend might spell a crisis for retail miners. On the other hand, it could be an opportunity for those looking to buy rigs.

CleanSpark, Hut 8 Stocks Lead Bitcoin Miner Rally as Markets Bounce Back
Those miners with larger operations and lower costs are winning favor with investors amid volatile market conditions.

Bitcoin Miner Argo Blockchain 'Leans Toward' Designing Custom Miners With Intel Chips
Custom bitcoin mining rigs will allow miners to design their own machines instead of having to settle for ready-made ones from a duopoly of manufacturers.

Argentina Bears Down on Crypto Miners Amid Power Shortage
Some registered companies saw a 400% increase in their electricity bills in March, while unregistered miners don't plan to stop using subsidized residential tariffs.

Coinbase, MicroStrategy Lead Crypto Stocks Lower in Market Rout
Double-digit percentage losses were the norm across the cryptocurrency sector as the Nasdaq tumbled another 4% and bitcoin plunged to just above $30,000.

Argo Blockchain Borrows $70M From NYDIG to Buy Mining Rigs
The miner is getting more machines for its Helios facility in Texas.

New York Man Arrested for Alleged $1.8M Crypto Mining Scam
Authorities say 37-year-old Chet Stojanovich promised to take a customer on 31-hour road trip to see the non-existent mining equipment in Canada – and then abandoned him at the Buffalo airport.

Riot Blockchain Bitcoin Mined Rises to 511 in March
The company also sold 200 bitcoin during the month, raising $9.4 million.
