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Mining
Market Rout Prompts Analyst to Slash Bitcoin Miners’ Price Targets by Average of 65%
BTIG’s analyst remains positive on the longer-term outlook for the miners, however, and is sticking with his buy ratings for the stocks.
New York State Senate Passes Bitcoin Mining Moratorium
The state Assembly had already passed the bill, which would bar new mining operations powered by carbon-based energy sources for two years.
Kevin O’Leary-Backed Bitcoin Miner to Locate HQ in North Dakota
Bitzero plans to invest about $400 million to $500 million to build 200 megawatts of data centers in the state.
Bitcoin Miner Riot Blockchain Names Its Head of Corporate Operations as New CFO
Current CFO Jeff McGonegal will retire and move into a new role as senior advisor of the miner in mid-August.
Bear Market Could See Some Crypto Miners Turning to M&A for Survival
Companies that have already survived the previous down market and have enough capital and a sound business strategy will be able to survive this cycle.
Bitcoin Miners Are Selling Off Their BTC Holdings to Cope With Market Headwinds
As the price of bitcoin falls, miners are cornered into powering off or selling their holdings.
Harlem Bitcoin Community Organizers Urge Action to Improve Crypto Regulations in New York
Harlem Bitcoin Community Founders Shakib Farah, Jon Logan and Jesse Cervantes discuss the highly-charged debate over bitcoin's energy consumption and crypto mining in New York.
Paraguayan Bill Regulating Crypto Mining and Trading Moves Closer to Law
The legislation was approved with modifications in the country’s Chamber of Deputies and will now return to the Senate, which had passed it in December.
As Bitcoin Price Slides, Older Mining Rigs Are Becoming Less Profitable
Even as Bitcoin's mining difficulty adjusts downward, the price trend might spell a crisis for retail miners. On the other hand, it could be an opportunity for those looking to buy rigs.
