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Mining
Crypto Mining and Staking Firm Foundry Buys Some of Troubled Bitcoin Miner Compute North's Assets
Foundry will buy two mining facilities and has an option to acquire a third site that is under development.
Stronghold Digital CEO on State of Bitcoin Mining Amid FTX Fallout
Stronghold Digital Mining CEO Greg Beard discusses his outlook for the bitcoin mining industry as the collapse of crypto exchange FTX continues to ripple across the digital asset space and BTC sinks below $16,000. "The great unwind is happening now," Beard said.
Startup Arkon Energy Raises $28M to Further Expand Into Bitcoin Mining
The Australian company also bought Hydrokraft AS, a renewable energy-based data center in Norway with up to 60MW of power capacity.
Canaan Q3 Net Income Drops 88% as Bitcoin Mining Declines
Negative market dynamics have caused a reduction in net income, revenue and computing power sold in the third quarter of this year.
Bitcoin Miners' Balance Slides as FTX Collapse Weighs on Crypto
Data tracked by Glassnode shows, the number of bitcoin held by miner wallets has dropped to a 10-month low.
Ex-Ethereum Miners Token Hop to Stay Alive After the Merge
Following the Ethereum Merge, only 20% of miners have switched to other proof-of-work networks.
Bitcoin Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for 2022
The miner is targeting 9 EH/s for the end of the year, but continues to guide to 23 EH/s by the middle of 2023.
US Midterm Elections to Set the Tone for Bitcoin Miners' Future
The midterm elections are key to determining the industry’s future, which is increasingly under attack by environmental advocates.
Canadian Energy Provider Hydro-Quebec Proposes Stopping Electricity Supply to Blockchain Industry
The utility asked Canada's energy regulator to suspend the allocation of 270 megawatts that had previously been planned for blockchain industry in Quebec.
Compass Point Analyst Defends Bitcoin Miner Iris Energy
Chase White says Iris should be able to renegotiate the terms of its debt or return its mining rigs to the lenders and buy new ones at a cheaper price.
