Mining Centers


Tech

Bitcoin Mining Rig Maker MicroBT Unveils Most Powerful Machine Yet

The Chinese rig maker's new model can deliver 320 TH/s, outperforming competitor Bitmain's equivalent machine lineup.

Zuoxing Yang, Founder and CEO of MicroBT (MicroBT/Twitter)

Finance

U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs

The contracts are the latest in a series of moves indicating the mining industry is getting back on its feet.

U.S. Bitcoin Corp's Buffalo Ave. site (Eliza Gkritsi/CoinDesk)

Finance

Bitcoin Miner Cormint Raises $30M Series A to Build Texas Data Center

Executives of Nasdaq-listed semiconductor firm Silicon Laboratories participated in the funding round.

Mining rig (Getty Images)

Finance

Bitcoin Miner Bitfarms Accelerates 6 EH/s Hashrate Target As Quarterly Loss Per Share Narrows

In Q1 2023, the bitcoin miner's net loss per share narrowed to 1 cent, from 8 cents the previous quarter.

(Eliza Gkritsi/CoinDesk)

Finance

Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long

The transaction fees debacle might have provided a short-lived revenue bump for the miners but gives a glimpse of the future for the industry.

(Rachel Sun/CoinDesk)

Finance

Cipher Mining Buys 11,000 Crypto Mining Rigs From Canaan, Reaches 6 EH/s Hashrate

Cipher has an eye on hashrate of 8.2 EH/s by the end of the year.

A Cipher mining bitcoin farm. (Cipher Mining)

Finance

Hut 8's Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues

The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp.

A Hut 8 mining facility (hut8.io)

Tech

Jack Dorsey's Block Snaps Up Bitcoin Mining Chip as Intel Winds Down Production

The payments company could start selling bitcoin mining hardware as early as next year.

Bitcoin miners at work (Eliza Gkritsi/CoinDesk)

Finance

Out of Compute North’s Bankruptcy Rises 300MW Bitcoin Miner With Novel Energy Offering

Born out of the ashes of the Compute North bankruptcy, the new venture aims to give customers control over their energy strategy.

Saxet Infrastructure Group, a new company, is building a data center in Corpus Christi, Texas. (Saxet Infrastructure Group)

Finance

Bitcoin Miner Mawson to Sell Texas Sites for $8.5M to Singapore Fund Manager

The funds will go toward reducing Mawson's debt and fueling growth.

Bitcoin miners at work (Eliza Gkritsi/CoinDesk)