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Mining
China Can’t Seem to Stop Bitcoin Mining
Reported hashrate fell to zero for two months in China last year, but it has since returned rather abruptly.
First a Hum and Then a Bang: Niagara Falls Residents Forced to Reckon With Crypto Mining
The city in New York has imposed a moratorium on new bitcoin mining operations as complaints about noise were compounded by an explosion and fire at a mining site last week.
NY Bitcoin Miners Start to Give Up on State Amid Regulatory Uncertainty
New York was once a draw for miners, but environmental concerns are weighing on the industry.
Mining-Rig Maker Canaan Q1 Revenue More Than Triples
Canaan shares climbed after first-quarter earnings beat one analyst's estimates.
Bitcoin Miner Bitfarms Lowers Hashrate Outlook to 6 EH/s This Year
The miner is still assessing other opportunities to expand its capacity to as much as 8 EH/s by the end of the year.
Core Scientific Cites Crypto Market Turmoil in Lowering Its Growth Outlook
The miner said it has also received overtures about potential M&A deals as some other miners struggle to finance their growth.
Bitcoin Miner Iris Energy Reiterates Hashrate View; Revenue Misses Estimates
The miner’s adjusted EBITDA margin slipped to 48% in the fiscal third quarter versus 72% in the prior quarter and 57% a year ago.
Cipher Raises Year Hashrate View While Cutting Power Guidance
The stock of the miner lost almost 50% of its value in one day.
