Mining


Finance

Justin Sun Backs Ethereum Hard Fork as Merge Approaches

Sun said he will support development on the existing Ethereum network following the expected merge in September.

Tron founder and diplomat Justin Sun (Shutterstock/CoinDesk)

Finance

Crypto Miner Argo Blockchain Faced Equipment Challenges, Higher Costs in July

The London-based company produced 219 bitcoins in the month, 22% more than in June.

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

Policy

Paraguay’s Electricity Authority Requests Higher Rates for Crypto Miners, Partial Veto of Mining Legislation

The legislature last month approved a bill regulating crypto mining and trading in the country.

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

Markets

Rare Signal Hinting at Bitcoin Price Bottom Emerges

Bitcoin's difficulty ribbon is compressing, hinting at miner capitulation and a market bottom.

Bitcoin's difficulty ribbon is compressing, indicating a bear market bottom. (ElyPenner/Pixabay)

Markets

Ethereum Classic Is Not Ethereum so a Merge-Fueled Rally Won't Last: Messari

It's unlikely Ethereum Classic has any long-term viability, despite interest by miners, according to analyst Tom Dunleavy.

(Unsplash)

Finance

Riot Blockchain Mined 28% Less Bitcoin in July as Heat Wave Cut Power Supply

Lower energy consumption helped the miner generate $9.5 million in power credits.

A close-up of one of Riot's mining rigs. (Riot Blockchain)

Finance

Bitcoin Miner SAI.TECH Halts Kazakhstan Expansion, Citing Operation and Cost Uncertainties

The Nasdaq-listed company has scrapped plans for a second phase of power-supply cooperation in the central Asian country.

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

Layer 2

To Unplug or Double Down? Crypto Mining in Crypto Winter

Tough market conditions are forcing miners to make tough decisions. Jeff Wilser checks in with Econoalchemist, a longtime pseudonymous miner.

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

Finance

Bitmain Partner Antalpha Unveils Lending Products for Miners

A relatively unknown company presented some novel ways to, among other things, help miners facing margin calls.

Eager miners snapped photos of Anatalpha's presentation at Bitmain's World Digital Mining Summit in Miami. (Eliza Gkritsi/CoinDesk)

Finance

AntPool Supports Ethereum Classic Ecosystem With $10M Investment

The mining pool is throwing its weight behind the Ethereum-offshoot alternative that will continue to mine using proof-of-work.

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