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Argo Blockchain Gets a Lifeline From Galaxy Digital

Bitcoin miner Argo Blockchain (ARBK) will avoid filing for bankruptcy protection after Galaxy Digital (GLXY) agreed to buy its Helios mining facility in Texas for $65 million and grant the miner another $35 million loan. "First Mover" hosts Christine Lee and Lawrence Lewitinn discuss the hardships the mining industry faces this crypto winter.

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Bitcoin's Computing Power Recovers After Falling Roughly 40%

The bitcoin mining hashrate, a measure of computing power on the blockchain, dropped about 100 exahash per second (EH/s), or 40%, to 156 EH/s, between Dec. 21 and Dec. 24, as a powerful storm swept across North America. It returned to about 250 EH/s as of Sunday. Christine Lee presents "The Chart of the Day."

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Bitcoin Miners Power Down As Winter Storm Sweeps North America

Crypto miners across the U.S. powered down over the weekend as a powerful storm swept across North America, with computing power on the Bitcoin network dropping about 40%. "The Hash" panel discusses what this means for the bitcoin mining community.

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Bitcoin Mining Retail Adoption: A Heater That Mines Bitcoin

"The Hash" hosts discuss how the bitcoin mining industry is becoming more mainstream with the debut of Heatbit, a heater that claims it can mine bitcoin while also warming up your room.

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Bitcoin Miner Core Scientific Files for Chapter 11 Bankruptcy

Core Scientific (CORZ), one of the largest bitcoin (BTC) miners by computing power, filed for bankruptcy protection on Wednesday and reached a deal with some of its lenders to restructure its debt. "The Hash" panel discusses the latest fallout of crypto winter.

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Marathon Digital CEO on Future of Bitcoin Mining in Wake of FTX Collapse

Bitcoin (BTC) miners remain under pressure amid the FTX-induced market panic and ongoing crypto winter. Marathon Digital Holdings CEO Fred Thiel discusses his outlook for the bitcoin mining industry and how his firm plans to survive crypto winter.

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Jack Dorsey's Block Invests in East African Bitcoin Miner Gridless

Gridless, a bitcoin mining company helping generate new sources of energy in East African rural communities, secured $2 million in a seed investment round led by bitcoin VC firm Stillmark and Block, a payments company led by Twitter co-founder Jack Dorsey. "The Hash" hosts discuss what this means for the global bitcoin mining industry.

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Galaxy Digital Will Buy GK8 From Celsius; Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain

U.S. employers beat expectations and added 263,000 jobs in November, sending bitcoin's price below $17,000. Mike Novogratz's Galaxy Digital won an auction to buy self-custody platform GK8 from bankrupt crypto lender Celsius Network. Bitcoin miners could continue to find themselves in hot water from exposure to FTX's contagion.

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Here's How New York Is Cracking Down on Bitcoin Mining

New York Governor Kathy Hochul signed into law Tuesday a two-year moratorium on certain bitcoin mining operations that use carbon-based power sources. Zafra CEO Ryan Brienza discusses the bill and how crypto winter is impacting the mining business.

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