Mining


Finance

Bitcoin Mining Is Cool Again; We Can Thank Africa, Prudence and Growing Hashrate for That

It has been a tough year for crypto mining industry, but the industry is primed for a rebound soon.

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

Finance

Bitcoin Miner Argo Blockchain Raises $27M to Ease Liquidity Pressures, Shares Plunge 15%

The firm has also sold 3,400 Antminer S19's to raise $7 million.

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

Tech

Bitcoin Mining Is About to Get Tougher With Difficulty Primed for Another Sharp Rise

Miners with higher cost and large debt load will be weeded out by the crypto winter, according to industry experts.

(DALL-E/CoinDesk)

Videos

Bitcoin Is Trading With the Markets Right Now ‘for Better or for Worse,’ Expert Says

Bitcoin (BTC) is holding its ground at $20,000 despite concerns of rising layoffs and OPEC oil cuts. Dan Weiskopf of Tidal Financial Group joins “First Mover” with his outlook on the broader crypto market. Plus, the importance of diversification in the mining space and the challenges miners are facing.

Recent Videos

Finance

Bitcoin Miner Marathon Invested $31.3M in Bankrupt Data Center Compute North

The miner also has about $50 million in security deposits and prepayment to Compute North for hosting Marathon’s bitcoin miners.

Marathon Digital CEO Fred Thiel, at the Bitcoin conference in Miami (CoinDesk)

Finance

Grayscale’s New Venture Aims to Capture Bear Market Opportunities in Bitcoin Mining

Digital asset mining and staking infrastructure firm Foundry,will manage the day-to-day operations of Grayscale’s new co-investment vehicle

Grayscale CEO Michael Sonnenshein (CoinDesk archives)

Finance

Barclays Remains Positive on Bitcoin, Sees Miner Core Scientific as ‘Best-In-Class Leverage Play’

Barclays initiates coverage of the bitcoin miner with buy-equivalent rating.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

Argentina's State-Owned Energy Company Moves Into Crypto Mining

YPF is currently supplying power for a 1 megawatt operation and plans to launch a second project eight times larger before the end of the year.

Producción de energía en Vaca Muerta, Argentina. (Photo by Ricardo Ceppi/Getty Images)

Videos

Solar-Powered Bitcoin Miner Aspen Creek Raises $8M Despite Bear Market

A new solar powered bitcoin miner, Aspen Creek Digital Corp. raised $8 million in a Series A funding, led by crypto financial services company Galaxy Digital and blockchain investment firm Polychain Capital. Aspen Creek Digital Corp. CEO Alexandra DaCosta shares insights into the raise and the state of bitcoin mining amid "supply crunches" and crypto winter.

Recent Videos

Finance

Bitcoin Miner Rhodium Going Public Through Reverse Merger With SilverSun Technologies

Rhodium in January postponed what were then plans for an IPO at as much as a $1.7 billion valuation.

A Bitfarms mining facility in Washington State. (Eliza Gkritsi/CoinDesk)