Mining


Finance

Bitcoin Miner Stocks Surge Amid Banking Meltdown

Mining equities were up about 11% on average on Monday alongside big gains for bitcoin.

Bitcoin miners (Shutterstock)

Policy

U.S. Treasury Department Proposes 30% Excise Tax on Crypto Mining Firms

President Joe Biden unveiled his 2023 budget proposal on Thursday.

U.S. President Joe Biden (Chip Somodevilla/Getty Images)

Policy

SEC Accuses Utah-Based Green United of Running $18M Crypto Mining Scam

Green United allegedly sold investors crypto mining equipment that didn’t mine what the company claimed it mined.

Celsius and Core Scientific hope to raise millions via mining rig vouchers (alvarez/Getty Images)

Policy

U.S. Lawmakers Reintroduce Bill to Force Crypto Miners to Disclose Emissions

The bill also requires the EPA to study the effect crypto mining has on the environment.

Sen. Edward Markey (D-Mass.) is cosponsoring a bill to mandate that crypto miners disclose their greenhouse gas emissions. (Jemal Countess/Getty Images for We The 45 Million)

Finance

Bitcoin Miner Marathon Digital Sold Almost All Bitcoin Mined in February

It's the second consecutive monthly sale for the company, which before 2023 hadn't sold any of its holdings.

Marathon Digital CEO Fred Thiel (CoinDesk)

Finance

Litecoin Foundation Partners With Digital Asset Manager Metalpha to Develop Hedging Products for LTC Miners

The partnership will jointly develop the Litecoin ecosystem to hedge risk and lower carbon emissions.

(Nikhilesh De/CoinDesk)

Finance

Crypto Miner Hive Blockchain Posts Q3 Loss as Ethereum Merge Cuts Revenue, Mining Margin

The Canadian miner is launching its high-performance computing cloud business, which is 25 times more profitable than mining.

Crypto mining stocks have lost roughly half of their value in the past month. (Sandali Handagama for CoinDesk)

Policy

Compute North’s Reorganization Plan Approved by Bankruptcy Judge

The hosting firm, one of North America’s largest, settled $250 million in secured debt and came to terms with about 11 companies.

Bitcoin Corporate Treasury Adoption (Shutterstock)

Finance

Bitcoin Miner Hive Delays Latest Financial Filings Till End of February

Hive has applied the British Columbia Securities Commission for a management cease trade order, which restricts its CEO and CFO from trading shares until the filing has been completed.

Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)