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Mining
Bitcoin Hashrate Heading Up?
A new chart reveals bitcoin's hashrate could be heading up. Industry watchers expect a continued uptrend spurred by the recent bitcoin price rally, with Chinese miners speeding up their migration to alternate jurisdictions and U.S. miners expanding capacity. CoinDesk's Galen Moore breaks down the Chart of the Day.
Bitcoin Hashrate Could Return to Record Sooner Than Expected
Chinese miners have been speeding up their migration to alternate locales while U.S. miners are expanding their capacity as bitcoin’s price rallies.
Argo Blockchain Answers Crypto Mining's ESG Challenge
U.K.-based crypto miner Argo Blockchain is calling itself the first publicly-traded cryptocurrency miner to become "climate positive." CEO Peter Wall discusses how his firm has "gone beyond net zero" in carbon emissions and whether renewables-focused mining could push the bitcoin price up further. Plus, his take on the impact of China's crackdowns on mining operations and plans for Argo to go public in the U.S.
Blockstream Raises $210M, Acquires Mining Chip Manufacturer Spondoolies
Canadian bitcoin technology company Blockstream is valued at $3.2 billion following a $210 million Series B raise, which will fund an expansion into manufacturing specialized mining chips (ASICs). The firm has also acquired Israeli bitcoin mining hardware manufacturer Spondoolies.
Iran’s Central Bank Reportedly Bans Trading of Crypto Mined Abroad
According to reports, Iran’s central bank is trying to stop trading crypto mined abroad. Many in the crypto industry are speculating the reported ban is an attempt to stop money flowing out of Iran, but is there more to the story? “The Hash” panel debates.
Want to Mine Chia? Amazon Will Let You ‘Farm’ It in the Cloud
Amazon Web Services is offering Chia mining on the cloud. There’s been a lot of buzz about the new cryptocurrency that relies on a new consensus algorithm called “Proof of Space and Time.”
Tech Consortium to Spend $1.3B to Build Filecoin Mining Facility in China
Upon its completion, the facility will be the largest filecoin distributed storage infrastructure project in China.
Gaming Company The9 to Buy 2,000 Bitcoin Mining Machines for About $6.72M in Stock
The company also completed the signing of definitive agreements for 12,246 units of bitcoin mining machines with a total hashrate of 288PH/S.
Riot Blockchain Acquires Whinstone’s Texas Bitcoin Mining Operations
The firm is acquiring the facility with the goal of “increasing the American footprint in the global bitcoin mining landscape.”
