Miners


Markets

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.

MicroStrategy Executive Chairman Michael Saylor

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)

Policy

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.

Statue of Themis holding the balance scales. (Oleksandr Berezko/EyeEm via Getty Images)

Finance

Riot Blockchain Bitcoin Mined Rises to 511 in March

The company also sold 200 bitcoin during the month, raising $9.4 million.

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

Finance

Riot Blockchain Files to Sell Up to $500M of Stock

Proceeds from the "at-the-market" offering would be used for general corporate purposes, which may include investments in existing and future projects.

CoinDesk placeholder image

Finance

Bitcoin Miner Greenidge Q4 Revenue Matches Estimate; Reiterates Hashrate Guidance

The company also said permission for operations to continue at its New York facility has been delayed again.

Greenidge Mining center

Finance

Bitcoin Miner Core Scientific’s Full-Year Sales Rise to $545M, Beating Estimates

The miner also reiterated its 2022 hashrate expectations and expects more M&A within the crypto mining industry over the next 12 months.

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)

Finance

DA Davidson Cuts Miner Stronghold’s Target by 40% Ahead of Earnings

The stock is still “super cheap” compared to other mining peers, analyst says.

Stronghold Digital Mining CEO Greg Beard (right) and Co-Chairman Bill Spence (left). 
(Stronghold Digital Mining)

Markets

Crypto Miners to Benefit From Biden’s Executive Order: Jefferies

The investment bank reiterated buy ratings for Argo Blockchain and Marathon Digital following Wednesday’s action by the White House.

A bitcoin mining facility. (Christinne Muschi/Bloomberg via Getty Images)