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Mining
Bitcoin Miner Core Scientific Signs 75MW Hosting Deal
Once all the ASIC servers are fully deployed, the agreement is seen generating about $50 million in annual revenue, said the company.

Bitcoin Miner Core Scientific Gets $100M Equity Financing Despite Bear Market
The miner has the right but no obligation to sell the shares to investment bank B. Riley.

Commons Foundation Signs 100MW Deal for Crypto Mining in Paraguay
The South American country with abundant hydropower wants to attract bitcoin miners.

Crypto Mining Hosting Firm Applied Blockchain Stock Surges After 200MW Deal
A hosting deal with Marathon Digital should ease investor’s funding concerns, said a DA Davidson analyst.

Bitcoin Miner Marathon Digital Signs Multiple Hosting Deals to Reach Its Hashrate View
The company secured about 254 megawatts worth of new hosting contracts.

Paraguayan Senate Passes Bill Regulating Crypto Mining and Trading
The text must now be approved or vetoed by the country’s executive branch.

Bitcoin Mining Rig Prices Slump to Near 2-Year Lows Amid Celsius Bankruptcy
Celsius’ mining unit is said to have auctioned off some of its newly purchased mining rigs at fire-sale prices back in June, before filing for bankruptcy.

Bitcoin Production Cost Has Dropped to About $13K, JPMorgan Says
Declining production costs could be seen as a negative for bitcoin prices, the Wall Street bank said in a report.

Crypto Miner CleanSpark Continues to Take Advantage of Bear Market as it Scoops Over 1K Rigs
In June, the Las Vegas-based miner bought contracts for another 1,800 mining rigs.

Kazakh Crypto Mining Tax Hike Signed Into Law by President Tokayev
The tax rate will depend on electricity usage, average electricity price and power source.
