Mining Centers


Finance

Europe’s Last Bitcoin Mining Refuge Is No Longer Viable

Miners moved to northern Norway and Sweden to avoid high energy costs. Now, power prices are surging there, too.

Retired Bitmain ASICs at Kryptovault's facility in Norway. (Eliza Gkritsi/CoinDesk)

Finance

Inside Core Scientific’s Prearranged Bankruptcy

The world’s biggest publicly traded bitcoin miner filed for Chapter 11 protection Wednesday. Here’s more details on what that means.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

Bitcoin Miner Greenidge Reaches Debt Restructuring Deal With NYDIG as Bankruptcy Looms

Under the deal for restructuring $74.7 million worth of debt, Greenidge will host NYDIG's new machines.

The Greenidge Generation facility in Dresden, New York. (CoinDesk)

Policy

Bitcoin Miners’ High Hopes for Latin America Dented by Paraguay

The industry’s potential in the region was touted at a conference in Cancun, Mexico, last month, but a crypto mining-friendly bill in Paraguay was shot down last week.

Palacio legislativo de Paraguay. (Eliza Gkritsi/CoinDesk)

Finance

Major Japanese Utility Works With Local Hardware Maker to Capitalize on Excess Power With Crypto Mining

The utility behind the Fukushima nuclear reactor is trying out crypto mining.

Cityscape Tokyo, Japan (Ryo Yoshitake/Unsplash)

Tech

Bitcoin Mining Difficulty Drops by Most Since July 2021 as Crypto Winter Cuts Profitability

Bitcoin miners are being caught between rising costs and the lower price of bitcoin.

Crypto mining rigs (Eliza Gkritsi/CoinDesk)

Finance

Compass Mining Launches Bitcoin Miner Protection Plan

The plan is initially available to customers hosted in Texas, South Carolina, Nebraska and Oklahoma.

Compass Mining's booth at Mining Disrupt in Miami in July 2022. (Eliza Gkritsi/CoinDesk)

Policy

Canada's Manitoba Province Enacts 18-Month Moratorium on New Crypto Mining

The local heavily indebted public utility has received up to 4.6 GW of requests from miners looking to connect to the grid.

A panoramic view of Winnipeg in Manitoba, Canada. (Bob Linsdell/Wikimedia Commons)

Finance

Binance's Crypto Mining Pool Adds Ravencoin Support

Former Ethereum miners have been drawn to alternative coins like ravencoin after they had to leave the Ethereum network post-merge.

Many Ethereum miners have yet to resettle into mining a different crypto token. (Midjourney/CoinDesk)

Finance

Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low

The mining firm has a liquidity position of $4.5 million and outstanding loan principal of $138.5 million.

Rig de minería cripto. (South_agency/Getty Images)