Mining


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Why Do Old-Line Businesses Enter Crypto Mining? Simple: Fat Profits

Even though mining margins have shrunk since crypto prices corrected, for now they’re big enough to keep luring entrants from sectors like prepackaged food and anti-aging formulas.

(Illustration: Rachel Sun)

Videos

Can Lasers Make Bitcoin Mining More Eco Friendly?

As part of CoinDesk’s Mining Week coverage, CoinDesk’s George Kaloudis presents a study suggesting that lasers could be used to create an “optical proof-of-work” consensus, potentially increasing the accessibility of mining and reducing energy consumption.

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Videos

The City That Decided to Ban Crypto Mining

As part of CoinDesk’s Mining Week coverage, U.S. Regulatory Reporter Cheyenne Ligon explains why the upstate New York city of Plattsburgh imposed a ban on crypto mining as tensions arose with the local community. Plus, Ligon offers insights into the current sentiment of N.Y. state lawmakers and the broader significance of this story.

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Policy

Bitcoin Mining Ban Bill Makes It Out of New York State Assembly Committee

The legislation aims to put in place a two-year moratorium on the kind of crypto mining used to secure the Bitcoin network.

Coinmint's bitcoin mine in Massena, New York, pictured in 2020. (Prieur Leary)

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Bitmain Redux: Bitdeer and BitFuFu Are About to Test US Stock Market's Mining Appetite

China's two biggest cloud mining platforms plan to go public on the Nasdaq via SPAC deals this year, at a time when crypto and broader markets have pulled back from their peaks.

Jihan Wu, now chairman and founder of Bitdeer, in 2018 (Bloomberg/Getty Images)

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Why Some Bitcoin Devs Say Lasers Can Cut Mining’s Energy Costs

“Optical proof-of-work” would improve geographic distribution of hashrate and quell fears of climate-related pushback, proponents argue.

Lasers have shown promise in making computation more efficient. Plus, optical computation would fit the “laser eyes” meme popular among bitcoiners. (Illustration: Yunha Lee)

Opinion

Bitcoin Mining and ESG: A Match Made in Heaven

As clean energy gradually gets cheaper, mining operations will help subsidize green projects, writes the CEO of mining firm CleanSpark. This op-ed is part of CoinDesk’s Mining Week.

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

Finance

Pipe Introduces Alternative Financing Product for Bitcoin Miners

The trading platform worked with Compass Mining for several months before launching the product.

Compass (Unsplash)

Videos

What Does a Crypto Mining Farm Look Like?

As part of Mining Week, several CoinDesk reporters have compiled a photo essay capturing the insides of crypto mining farms throughout the globe, including HIVE Blockchain in Sweden, Bitfarms in Quebec, and many more. “The Hash” hosts discuss the importance of demystifying crypto mining and how a better understanding of these facilities can help address ESG concerns. 

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Opinion

Crypto Mining, the Energy Crisis and the End of ESG

How a European war made an argument about mining moot. This op-ed is part of Mining Week.

A BitCluster crypto mining site in Khanty-Mansiysk, Russia. (Image Credit: BitCluster)