Mining


Finance

Bitcoin Miners Offload $129M BTC in Day, Sending Reserves to the Lowest Point Since May

A slump in miner reserves indicates potential selling pressure, according to CryptoQuant.

Alta Novella's turbine room with 40 ASIC bitcoin miners.

Policy

Indonesian Authorities Crack Down on Bitcoin Miners Stealing Electricity From National Grid

The thieves allegedly tapped into utility poles of a state-owned energy firm to power mining operations.

A photo of four mining rigs

Finance

Bitcoin Halving Is Poised to Unleash Darwinism on Miners

Strong miners might be about to eat the weak ones as the reward for mining BTC gets cut in half, experts say.

Bitcoin miners will likely see a wave of M&A as halving approaches. (nikko macaspac/Unsplash)

Markets

Early Bitcoin Miner Apparently Sent 1,000 ‘Satoshi Era’ BTC to Trading Desks This Week

These bitcoin were mined at the very early stages of the network for an estimated $100, as per CryptoQuant.

A detail of the Satoshi Nakamoto statue in Budapest, Hungary. (Janos Kummer/Getty Images)

Markets

Crypto Miner Phoenix Group's Shares Surge 35% in Abu Dhabi Stock Market Debut

In November, the UAE-based company said its initial public offering (IPO) was 33-times oversubscribed.

Abu Dhabi (Kamil Rogalinski/Unsplash)

Tech

Bitcoin Miner AntPool to Refund Record $3M BTC Transaction Fee

AntPool said it would verify the identity of the sender if they sign an on-chain message via another bitcoin transaction using the same message – which will prove ownership.

Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)

Finance

Bitcoin's Hashrate War Between Antpool and Foundry Intensifies as BTC ETF Nears

The Bitcoin hashrate has been climbing steadily all year, and Antpool has edged ahead of Foundry while stockpiling bitcoin.

Bitmain Antminer mining rigs (Christie Harkin/CoinDesk)

Finance

Bitcoin Sender Struck With $3.1M Transaction Fee, Largest in History

Antpool mined the block and the sender's wallet was set up just minutes before the transfer.

(Sandali Handagama/CoinDesk)

Finance

Crypto Industry Goes Nuclear With Uranium-Linked Tokens

The Uranium3o8 tokens are backed by uranium from the publicly-listed Canadian exploration and development firm Madison Metals.

Uranium3o8 website (Danny Nelson/CoinDesk)

Finance

Crypto Miner Phoenix Group Says UAE Initial Share Sale Was 33-Times Oversubscribed

Phoenix was looking to sell almost 18% of the company for a target raise of $368 million.

Abu Dhabi skyline at dusk