Mining


Policy

India's Supreme Court Turns Away Petition Asking Government to Frame Crypto Guidelines

"Though the petition is under Article 32 of the Constitution, it is evident that the real purpose is to seek bail in proceedings which are pending against the petitioner," the order said.

The Taj Mahal in Agra, India (Sylwia Bartyzel/Unsplash)

Finance

Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024

The order marks Celsius' exit from bankruptcy, filed in July last year, a process that also saw it make a $4.7 billion settlement with the U.S. over fraud allegations.

Ex-Celsius CEO Alex Mashinsky, right, near a federal courthouse in Manhattan on Oct. 3, 2023 (Victor Chen/CoinDesk)

Finance

Bitcoin Miner Marathon Digital Beats Q3 Earnings Estimates, but Misses on Revenue

The company sees 2023 mining power guidance reaching 26 EH/s, making it the largest bitcoin mining firm in terms of hash rate.

Marathon Digital CEO Fred Thiel (CoinDesk)

Policy

Crypto Miners Lobby U.S. Lawmakers to Counter Environmental 'Misunderstanding'

Dozens of mining firms came to Washington to steer the policy narrative away from negative environmental claims and make a case for mining as an economic and security boon.

Perianne Boring, CEO of the Chamber of Digital Commerce, led a group of crypto miners to meetings with members of the U.S. House of Representatives this week. (Scott Moore/Shutterstock/CoinDesk)

Finance

Bitcoin Mining Stocks Rally as BTC Holds Above $30K Despite Looming Halving Concerns

The reward for mining new BTC will be cut in half soon, making it hard for less-efficient operators to survive.

Credit: Shutterstock

Policy

Pennsylvania Lawmaker Scraps Crypto Mining Ban to Advance Energy Conservation Bill

The state's Environmental Resources and Energy Committee accepted the amended bill on Monday by a slim margin.

Pennsylvania state capitol (Unsplash)

Finance

Bitcoin Miner Marathon Confirms Mining Invalid BTC Block Due to a Bug

The block was invalidated due to a "transaction ordering issue."

Antminer bitcoin mining rigs displayed at Consensus 2021 (Christie Harkin/CoinDesk)

Tech

Arbitrum Users Can Now Trade Bitcoin Mining Power With Each Other

Bitcoin miners have the ability to easily buy and sell hashing power to interested purchasers. The trades will be routed through smart contracts and will specify hashrate amount, duration and price.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Finance

Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M

The deal will see Bitmain receive $53.9 million worth of common CORZQ stock.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Finance

Bitcoin Miner F2Pool Returns 19.8 BTC to Paxos After Overpaid Fee

Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week.

(Sandali Handagama)