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Mining
Mining Infrastructure Firm GRIID Secures $525M Credit From Blockchain.com
The four-year term credit facility will be used for additional mining capacity.
ASIC Maker Canaan Delivers 2,000 Mining Rigs to Kazakhstan
Canaan plans to deploy 850,000 TH/s in the near term.
Key Factors Impacting Bitcoin Market Movement This Week
“All About Bitcoin's” Week in Review panel discusses what to make of this past week's significant markets sell-offs, examining the potential impact of China's continued mining crackdown and India's efforts to ban crypto transactions. Plus, reactions to the iconic Staples Center being renamed as the Crypto.com Arena in one of the biggest naming deal in sports history.
Norway Considers Backing Swedish Crypto Mining Ban Proposal, Hints Minister
Swedish regulators think crypto mining is impeding the Paris Climate Agreement goals.
BIT Mining’s Q4 Revenue to Fall Due to Its Mining Pool Exiting China
The crypto mining firm is working to mitigate the revenue lost during its migration out of China.
South Korea a Metaverse Hub, NFTs Go From Digital to Physical
Chinese crypto mining hardware manufacturer Canaan reports Q3 earnings. South Korea emerges as a metaverse hub. NFTs start bridging the digital and physical worlds. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bit Digital Migrates All Its Bitcoin Mining Out of China Amid Ban
The New York-based miner expects to increase its mining power to 2.6 EH/s by mid-2022.
Bitcoin Miner Iris Energy Upsizes Its IPO, Valuing Company at $1.5B
The Australian bitcoin miner expects to start trading on the Nasdaq Nov. 19 under the ticker symbol IREN.
Gryphon Digital Mining Delays Plan to Become Publicly Traded
The miner’s plan to execute a reverse merger with Nasdaq-listed data management firm Sphere 3D is now expected to take place in the first quarter of 2022.
Marathon Digital Sell-Off a Buying Opportunity, DA Davidson Analyst Says
The decline of the bitcoin miner’s shares because of the SEC’s subpoena and convertible debt offering is “overdone,” according to the firm.
