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Solar-Powered Bitcoin Miner Aspen Creek Raises $8M Despite Bear Market

A new solar powered bitcoin miner, Aspen Creek Digital Corp. raised $8 million in a Series A funding, led by crypto financial services company Galaxy Digital and blockchain investment firm Polychain Capital. Aspen Creek Digital Corp. CEO Alexandra DaCosta shares insights into the raise and the state of bitcoin mining amid "supply crunches" and crypto winter.

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Crypto Mining and Staking Firm Foundry Offers Training Program for Miners

Digital asset mining and staking firm Foundry has started the Foundry Academy, a program to train and prepare technicians for the bitcoin mining industry. Foundry Academy Executive Director Craig Ross shares insights into the program. Foundry is a subsidiary of Digital Currency Group (DCG), which is the parent company of CoinDesk.

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Bitmain Founder Reportedly Setting Up $250M Fund to Buy Distressed Bitcoin Mining Assets

Crypto billionaire Jihan Wu, the founder of bitcoin mining rig maker Bitmain, is setting up a $250 million fund to purchase distressed assets from mining firms, according to Bloomberg. "The Hash" panel discusses what this means for the mining industry.

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Bitcoin Lake Project Founder on Sustainable Crypto Mining Through Used Cooking Oil

Some residents in Guatemala are taking a cue from El Salvador's Bitcoin Beach, aiming to use cooking oil remnants that could otherwise make its way into a local lake in Panajachel (Pana), for bitcoin (BTC) mining. Bitcoin Lake Founder Patrick Melder shares insights into the project. "It's the first time in the world that cooking oil is being used to create energy to mine bitcoin," Melder said.

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Marathon Digital Downgraded on Headwinds From Compute North’s Bankruptcy

Global financial services firm BTIG's Gregory Lewis has downgraded bitcoin miner Marathon Digital's stock from "buy" to "neutral" following headwinds from Compute North's bankruptcy filing. "The Hash" hosts discuss what this means for Marathon Digital and the state of bitcoin mining.

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'We're Mining as Usual' in Market Downturn: White Rock Management CEO

White Rock Management CEO Andy Long discusses how the company is still keeping mining operations running despite the turbulent crypto market. "You have to make sure that your operations are efficient" and not to "over-leverage yourself before the bear market," he said.

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Mining Pool Poolin Will Issue 'IOU' Tokens After Withdrawal Freeze

Poolin Wallet, the wallet service of one of the largest bitcoin (BTC) mining pools, has announced it will issue IOU (I Owe You) tokens to customers impacted by frozen withdrawals last week. "The Hash" panel discusses what this means for the mining community.

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White House Releases Report on Crypto Mining, Drawing Praise From Advocates and Critics

The Biden administration’s new findings on bitcoin (BTC) mining’s environmental impact united industry advocates and critics; Both sides declared their views had support from the highest levels of the U.S. government. “The Hash” panel discusses what this means for the future of the mining industry and whether the optimism stays.

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Fed’s Waller Sees Another ‘Significant’ Rate Hike This Month; SEC Enforcement Chief: We Can’t Ignore Crypto Law-Breaking

Federal Reserve Governor Christopher Waller said Friday he expects a big interest rate increase later this month. Gurbir Grewal, director of enforcement at the U.S. Securities and Exchange Commission, said his agency can’t look the other way as the crypto industry violates securities laws.

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