Mining


Finance

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.

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Finance

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.

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Finance

Commons Foundation Signs 100MW Deal for Crypto Mining in Paraguay

The South American country with abundant hydropower wants to attract bitcoin miners.

Bandera de Paraguay. (Alex Steffler/Wikimedia Commons)

Finance

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.

A bitcoin mining farm (Getty Images)

Finance

Bitcoin Miner Marathon Digital Signs Multiple Hosting Deals to Reach Its Hashrate View

The company secured about 254 megawatts worth of new hosting contracts.

Fred Thiel, CEO of Marathon Digital Holdings (Fred Thiel)

Policy

Paraguayan Senate Passes Bill Regulating Crypto Mining and Trading

The text must now be approved or vetoed by the country’s executive branch.

Bandera de Paraguay. (Alex Steffler/Wikimedia Commons)

Finance

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.

El bear market afectó los precios de minería de bitcoin. (Marko Ahtisaari/Flickr)

Finance

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.

Racks of crypto mining machines.

Finance

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.

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

Policy

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.

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