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Mining
Bondholders of Troubled Bitcoin Miner Core Scientific Said to Be Working With Lawyers: Report
The company last week warned it may have to explore bankruptcy as its financial condition worsens.
Bitcoin Miner CleanSpark Buys Another Batch of Mining Machines
The company has acquired more than 26,500 rigs and 116 MW of facilities in recent months.
Digihost Bucks Bearish Trend Among Bitcoin Miners, Remains Cash-Flow Positive
The company remains debt free despite soaring energy prices and a stagnant crypto market.
Bitcoin Could Rally to $63K by March 2024: Matrixport
Bitcoin could soon find relief and rally to $63,000 by March 2024, when BTC is likely to undergo mining reward halving – a programmed code aimed at reducing the pace of supply expansion by 50% every four years. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Could Rally to $63K Ahead of Next Mining Reward Halving: Matrixport
Bitcoin tends to bottom out and start rallying 15 months ahead of the halving, past data show.
Bitcoin Miner Compass to Host 27MW Worth of Mining Rigs at Solar-Powered Startup
Startup miner Aspen Creek Digital has 30MW worth of capacity at its Texas facility, making Compass one of its largest customers.
Bitcoin Miner CleanSpark Hikes 2022 Hashrate Guidance by 10%
The company now sees year-end computing power at 5.5 exahash per second, up 10% from the previous outlook.
Struggling Bitcoin Miners Are Flocking to Maple Finance’s $300M Lending Pool
A pipeline of 10 mining firms will make up the first cohort of borrowers, with some 25 on the waitlist.
Argentina Dismantles Illegal Crypto Mining Operation, Arrests 40
The country’s tax collection agency has seized cash and crypto mining equipment in a series of raids.
Wall Street Analyst ‘Pulling the Plug’ on Bitcoin Miners Owing to Bear Market Woes
DA Davidson analyst Chris Brendler downgraded Core Scientific and Argo Blockchain from buy to neutral and said the bank has grown “increasingly concerned” about the miners.