Mining


Finance

Bitcoin Miner CleanSpark to Buy Mawson’s Georgia Mining Facility, Rigs for Up to $42.5M

The deal has potential to increase CleanSpark’s hashrate to 5.2 EH/s by the year-end, exceeding the company’s previous guidance.

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

Finance

Argo Blockchain's Crypto Mining Margin Narrows to 20% as Natural Gas Prices Soar

The miner signed a deal to host up to 32 megawatts of mining machines, enough to power about 10,000 rigs.

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

Policy

White House Calls for Crypto Mining Standards to Minimize Environmental Impact

The report is the first public response to U.S. President Joe Biden's executive order on crypto, and also called for standards to be set to reduce energy usage.

The White House in Washington D.C. (Tabrez Syed/Unsplash)

Finance

Marathon Digital Energized 25,000 Miners in August, Produced 184 Bitcoins

The company had previously faced issues of mining rigs installed, but with no energy service.

Racks of crypto mining machines.

Finance

Large Ethereum Miners Look to Cloud Computing, AI Ahead of The Merge

The network's upgrade will do away with the need for bulky and expensive data centers, which the miners are looking to repurpose.

Crypto mining stocks have lost roughly half of their value in the past month. (Sandali Handagama for CoinDesk)

Finance

Poolin, One of the Largest Bitcoin Mining Pools, Suspends Withdrawals From Wallet Service

On Sunday, the mining pool acknowledged having liquidity issues.

Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)

Finance

Poolin, One of the World's Biggest Bitcoin Mining Pools, Acknowledges Liquidity Issues

Poolin CEO and founder Kevin Pan assured users that funds are safe and said the company might look to debt to solve its liquidity troubles.

Mining rigs in Plattsburgh, N.Y. (Fran Velasquez/CoinDesk)

Finance

Crypto Miner PrimeBlock’s CEO Has Left Firm After Canceled SPAC Deal: Sources

SPAC deals have been getting axed in recent months due to adverse market conditions.

Cryptocurrency mining rigs sit on racks. (James MacDonald/Bloomberg/Getty Images)

Policy

EU Lawmakers Vote Down Green Crypto Mining Study

The Green Party had pushed for research into mining techniques after failing to impose restrictions on bitcoin-style proof-of-work

EU Parliament (Unsplash)