Mining


Finance

Argo Blockchain Suspends Trading in US Shares for 24 Hours

The company said earlier this month it was close to restructuring without having to declare bankruptcy.

Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)

Opinion

2023 Will Be the Death of Bitcoin Energy FUD

It's becoming increasingly difficult to ignore how green bitcoin mining can combat climate change.

Bitmain Antminer mining rigs at Consensus 2022 (Christie Harkin/CoinDesk)

Policy

British Columbia Imposes 18-Month Moratorium on New Crypto Mining Operations

This is the third Canadian province to limit the industry's growth as it looks to preserve capacity for communities.

Vancouver, British Columbia (Alejandro Luengo/Unsplash, edited by CoinDesk)

Finance

Core Scientific to File for Bankruptcy, Continue Mining Through Process: Report

A source told CNBC that bankruptcy proceedings would not impact operations.

Core Scientific facility in North Carolina. (Core Scientific)

Policy

Kazakhstan Tightens Regulation for Miners, Looks to Develop Broader Crypto Industry

Kazakhstan, one of the world’s largest bitcoin mining hubs, is working on new legislation for the industry.

Binance is on track to being able to operate in Kazakhstan. (Alexander Serzhantov/Unsplash)

Tech

Microsoft Bans Crypto Mining on Its Online Services Without Permission

Google has a similar policy in place and Amazon's AWS prohibits crypto mining during its 12-month free trial.

(Shutterstock)

Finance

Bitcoin Miner CleanSpark Cuts 2023 Hashrate Outlook by Nearly 30%

The miner cited delays in building out a mining facility by one of its partners, Lancium.

CleanSpark's immersion cooling facility in Norcross, Georgia (Eliza Gkritsi/CoinDesk)

Markets

Bitcoin Could Drop to $10K-$12K by Q1 2023, VanEck Says

A wave of miner bankruptcies could keep bitcoin under pressure in the first quarter of 2023, VanEck's Matthew Sigel said. But he forecast a bull revival in the second half of the year.

Morgan Stanley rebajó la calificación de las acciones del banco de criptomonedas Silvergate Capital para infraponderar desde igual valoración. (Unsplash)

Finance

Class-Action Suit Against Crypto Miner Iris Energy Quickly Withdrawn

The lawsuit, filed in the District Court for the District of New Jersey, was withdrawn a day after it was filed.

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

Finance

Bitcoin Miner Argo Blockchain Says It's Close to Restructuring Without Having to Declare Bankruptcy

The London-based company warned, however, there's no guarantee it will be able to do so.

Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)