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Mining
UAE-Based Phoenix Technology Consultants Places Order for $650M Worth of Crypto Mining Rigs
The purchase is one of the biggest ever and puts UAE on the crypto mining map.
US House Passes Unamended Infrastructure Bill to President Joe Biden
The U.S. House of Representatives passed a $1.2 trillion bipartisan infrastructure bill with a controversial cryptocurrency tax reporting requirement, which is now awaiting President Joe Biden's signature. Executive Director of crypto trade group Blockchain Association Kristin Smith discusses the possible benefits and consequences of the bill for miners, crypto holders, and their taxes.
Argo Blockchain Mining Revenue Rose 32% in October
The company mined 167 bitcoin or bitcoin equivalent during the month.
Marathon Digital Holds $457M in Bitcoin After Increase in October Mining
The bitcoin mining company’s production rose 23% over the previous month.
Bitcoin Mining Profits Remain at ‘Near Highs’ as Crypto Miners Rally
Crypto mining stocks are surging as bitcoin mining hashrate falls, helping to keep profit margins elevated.
Argo Blockchain Achieves Record Revenue in Third Quarter
The bitcoin miner mined 597 BTC during the quarter.
Bitfarms Hits Record High Hashrate in October and Forecasts Additional Growth
The Canadian miner expects to expand its bitcoin mining power by 11% in November, after achieving 1.8 EH/s in October.
Mawson Infrastructure Group Lists Mining-Focused ETF in Australia
The firm’s Cosmos Asset Management unit listed its crypto mining and digital infrastructure-focused ETF on Australia’s Chi-X stock exchange.
Genesis Digital Expands in US With 300MW Bitcoin Mining Facility in Texas
Genesis is building a new bitcoin mining facility to expand its North American operations using power partially from renewable energy sources.
Bitmain Appoints New Legal Representative and General Manager
The new GM is a loyal ally to co-founder Zhan Ketuan, who will remain company chairman.
