Mining


Policy

Paraguay’s President Vetoes Bill That Would Regulate Crypto Mining and Trading

The bill now heads back to Paraguay’s National Congress, where if it is ratified by both chambers with absolute majorities, it can still be enacted.

Paraguayan President Mario Abdo Benitez (Mario Tama/Getty Images)

Finance

Bitcoin Miners' Profitability May Narrow as Mining Difficulty Hits Second-Biggest Increase This Year

Bitcoin miners are stepping up production as the weather cools down, so the network automatically adjusted to increase the difficulty of mining a block.

Bitcoin mining machines (Michal Bednarek/Shutterstock)

Tech

Bitcoin Mining Difficulty Poised to Spike by Most Since January Amid Colder Weather

Some analysts are starting to see this as start of a new seasonal trend in bitcoin mining

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Policy

The End of the Texas Bitcoin Mining Gold Rush

The new era for mining in the state might look more like a slog than a boom – but it could also be better for the electric grid.

(Pete Alexopoulos/Unsplash)

Finance

Ethereum Could Get Kicked Off Cloud Host That Powers 10% of Crypto Network

Hetzner, which hosts roughly 10% of Ethereum nodes, says it does not allow mining or anything “even remotely related,” including staking.

(Dimitri Otis/Getty Images)

Finance

Sell-Side Analysts Trim Targets for Bitcoin Miner Argo Blockchain

Earlier this week, Argo lowered its year-end hashrate outlook from 5 EH/s to 3.2 EH/s.

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

Finance

Sanctioned Bitcoin Mining Firm BitRiver Loses Another Client as SBI Leaves: Sources

The Japanese bank is at least the second big name to emerge as ceasing work with BitRiver after the U.S. Treasury Department imposed sanctions on the Russian firm in April.

A BitRiver mining facility in Siberia. (Anna Baydakova/CoinDesk)

Finance

Bitcoin Miner Argo Blockchain Looks to Raise $25M-$35M for 4.1 EH/s Hashrate Target

The firm is also looking to sign a deal for power in the next few months to avoid paying spot prices.

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

Finance

Bitcoin Miner Argo Cuts Year-End Hashrate View Citing Delayed Intel Mining Rigs

The company’s second-half revenue and adjusted EBITDA fell mainly due to the decline in bitcoin prices.

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

Finance

Bitcoin Miner Marathon Digital Targets Trimmed by Cowen

The bank did lift its share price target to $9, but that remains below the stock's current level of about $14.

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