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Mining
Riot Blockchain Drops After Missing Q3 Revenue, Earnings Estimates
The bitcoin miner reported a net loss in the quarter of 16 cents per share, while analysts were expecting a gain of 35 cents per share.
Hive Blockchain Posts Record Revenue in Q2 on Higher Crypto Prices
The crypto miner’s fiscal Q2 earnings per share rose 433% from the same quarter last year.
China’s NDRC to Consider Punitive Electricity Prices for Crypto Mines
The central government called on provinces to “take responsibility” of their jurisdictions.
Canadian Miner Hut 8 Revenue Surged Over 700% in Q3
Canadian cryptocurrency miner Hut 8's third-quarter revenue was $40 million, rising about 767% from last year and beating the average analyst estimate of $34.8 million. Hut 8 Mining Chief Financial Officer Shane Downey shares insights into the firm's growth and plans. Plus, his take on the impact of Bitcoin's Taproot upgrade and China's crypto crackdown on Hut 8's business operations.
Taproot Goes Live, Hong Kong Crypto Kidnap
Chinese official expelled over crypto mining. Bitcoin's Taproot upgrade goes live. Hong Kong police make arrests after crypto kidnapping. We'll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Marathon Digital to Raise $500M in Convertible Notes
The bitcoin miner will use the proceeds to buy bitcoin and bitcoin miners.
Russian Ministries, Duma Want to Legalize Crypto Mining: Report
The Russian central bank opposes the measure.
Kazakhstan’s Crypto Miners Face New Regulations After Contributing to Power Shortages
Crypto mining could help push the country’s transition into green energy.
Bitfarms Buys 24MW Crypto Mining Facility in Washington State for $26M
The bitcoin miner plans to run approximately 6,200 Bitmain S19j Pro miners in the new hydro-powered facility, with potential capacity of 620 PH/s mining power.
Hut 8′s Revenue Rose Over 700% in Q3, Beating Analyst Estimates
The Canadian crypto miner beat third quarter revenue and earnings estimates and held about $342 million in bitcoin.
