Mining


Finance

Cipher Mining Lowers Per-Terahash Cost of Crypto Mining Rigs Even as Quarterly Loss Widens

The miner expects to have 6.9 exahashes per second of computing power deployed by early 2023.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Finance

Renewable Energy Company Closes $4.3M Capital Round to Convert Landfill Methane Into Bitcoin

Vespene Energy’s first funding round was led by Polychain Capital.

(Noah Buscher/Unsplash)

Finance

Bitcoin Miner CleanSpark Buys 36MW Facility and 3,400 Machines in Georgia for $25.1M

The Las Vegas-based company continues to look for growth in a market ripe for mergers and acquisitions.

A bitcoin mining facility in Georgia that uses 95% non-carbon energy (CleanSpark)

Policy

Kazakh Authorities Arrest 23 Suspected of Forcing IT Professional to Run an Illegal Crypto Mine: Report

The country is still grappling with the illegal crypto mining industry.

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Finance

Bitcoin Miner Marathon to Start Energizing Texas Rigs at Compute North Facility

The dramatic decline in bitcoin prices led to a $127.6 million impairment on the company's BTC holdings in the second quarter.

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

Finance

Iris Energy Turns On 41 Megawatts of Bitcoin Mining Machines Ahead of Schedule

The company plans to add another 50 MW by the end of next month, bringing its total hashrate to 3.7 exahashes per second.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Finance

After Countless Bungles, Compass Mining Tries to Change Course

The company that set out to make crypto mining available to retail investors has had to put out its own fires.

Compass Mining's booth at Mining Disrupt in Miami in July 2022. (Eliza Gkritsi/CoinDesk)

Finance

Crypto-Miner Mawson Says CFO Resigns

The company appointed Ariel Sivikofsy as a consultant until it selects a replacement.

(Shutterstock)

Tech

What the Merge Means for Ethereum Miners

There is speculation about moving to Ethereum Classic once proof-of-work is gone from the main chain, but mining pools remain split on where they will turn in a post-Merge world.

Ethereum network illustration (Shubham Dhage/Unsplash)

Finance

Core Scientific Sold More Bitcoin in July Than It Mined

The miner still holds 1,205 bitcoins and expects to continue to sell its mined coins to pay for expenses.

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)