Mining


Finance

Bitcoin Miners Offered Way to Cut Texas Electricity Usage to Help the Grid

The state's interim, voluntary program to lower power consumption during high demand periods, might go live as early as Jan. 1, 2023.

Bitcoin mining can soak up renewable energy that is hard to transmit or consume locally, giving a leg up to energy producers. (Yunha)

Policy

Golpe a la minería cripto: Paraguay rechaza un proyecto de ley para la regulación del sector

De aprobarse, la ley habría podido poner un límite al valor que el operador de electricidad puede cobrar a los mineros de bitcoin.

Palacio legislativo de Paraguay. (Eliza Gkritsi/CoinDesk)

Finance

Bitcoin Miner Riot Switches Mining Pool After Falling Short in November

The miner used Braiins mining pool, whose payout method caused the variance between Riot’s mining capacity and the amount produced, according to a person familiar.

(Midjourney/CoinDesk)

Finance

La exposición de las empresas mineras de bitcoin al contagio de FTX podría perjudicar aún más a la industria

Core Scientific, Bitfarms y Genesis Digital Assets se encuentran entre las mineras que tienen una exposición directa o indirecta a las consecuencias.

Obra de IA sobre el colapso. (DALL-E/CoinDesk)

Finance

Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain

Core Scientific, Bitfarms and Genesis Digital Assets are among miners that have direct and indirect exposures to the fallout.

Obra de IA sobre el colapso. (DALL-E/CoinDesk)

Finance

Binance's Crypto Mining Pool Adds Ravencoin Support

Former Ethereum miners have been drawn to alternative coins like ravencoin after they had to leave the Ethereum network post-merge.

Many Ethereum miners have yet to resettle into mining a different crypto token. (Midjourney/CoinDesk)

Markets

Pre-Halving Rally? Litecoin Surges 43% to 6-Month High

Litecoin's third mining reward halving due in eight months, will cut LTC's pace of supply expansion by 50%.

Litecoin repunta 43% y supera a bitcoin y ether. (70154/Pixabay)

Policy

New York Imposes 2-Year Moratorium on New Proof-of-Work Mining After Gov. Hochul Signs Bill

The new law sets a two-year moratorium on new and renewed air permits for fossil fuel power plants used for energy-intensive proof-of-work (PoW) cryptocurrency mining.

(Eliza Gkritsi/CoinDesk)

Finance

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.

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

Videos

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.

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