MINING
The process that results in the release of certain amounts of a particular digital currency into its circulating supply. Mining is often the process that governs the verification of transactions and the addition of blocks to a blockchain.
Bitcoin Miner Digihost Under Risk of Delisting from Nasdaq
Crypto miner Digihost is under scrutiny and has been threatened with getting delisted by Nasdaq for trading below $1 for 30 consecutive days.
BTC Mining Hardware Startup Fabric Systems Raises $13M
Fabric Systems has said that the funds will be used to fund the development of two core launch products including a liquid immersion-cooled ASIC machine.
Crypto Firms Join Forces to Push for Stratum V2 Bitcoin Mining Upgrades
Spiral and Braiins lead efforts along with an industry working group to upgrade the current Stratum V1 protocol for miners.
City of Niagara Falls Forces Blockfusion Bitcoin Miner to Shut Down Operations
In Canada, the city of Niagara Falls claims that Blockfusion Bitcoin miner violates local laws and produces environmental disturbances.
Grayscale Launches Bitcoin Mining-Centered Investment Entity
Crypto asset management firm Grayscale plans to launch a new private co-investment opportunity in mining hardware that enriches the bitcoin ecosystem.
Bitcoin Miner Rhodium Plans to List on Nasdaq through Reverse Merger
Bitcoin miner Rhodium Enterprises is planning to list on Nasdaq under the ticker “RHDM” through a reverse merger with business consulting firm SilverSun Technologies Inc., Bloomberg reported on Sept 30.
Mining firm Compute North Files for Chapter 11 Bankruptcy
Crypto mining firm Compute North has filed for Chapter 11 bankruptcy protection in a federal court as it had been struggling to survive due to the market downturn.
Russia to Permit Partial Bitcoin Mining
Despite the back-and-forth stance toward crypto in Russia, serval Russian departments have reached a consensus that Bitcoin mining should be legalized in areas rich in electricity.
Maple Finance Loans $300m to help Struggling Bitcoin Miners
The lending fund is designed to support crypto mining firms impacted by the market downturn.
Bitcoin Mining Transforming Global Energy Crisis, Says Arcane Research
Arcane Research suggests crypto mining would help to resolve the energy crisis triggered by fossil fuels.
Bitcoin Miner Argo Updates Computing Power to 3.2 EH/s at the end of 2022
U.K.-based publicly traded cryptocurrency miner Argo Blockchain said on Wednesday it plans to update its year-end computing power from 5.5 EH/s to 3.2 EH/s by the end of 2022, a drop of 41.8%.
Bitcoin Mining is a 'Net Plus' for the Environment: US Senator Ted Cruz
United States Senator, Ted Cruz has showered accolades on Bitcoin mining as a venture, taking a very divergent view from major critics who believe Bitcoin mining is damaging to the environment.
Japan's Financial Giant SBI Group to Shut Down Crypto Mining Operations in Russia
Japanese financial giant SBI Group announced that it will shut down its crypto mining operations in the entire country of Russia.
Celsius Received Approval to Continue Bitcoin Mining
Celsius Network has been granted the approval to use its mined Bitcoin to offset some of the deficit incurred in its daily operations.
Applied Blockchain Refinances $15M Credit Facility from a North Dakota-based Bank
U.S. bitcoin mining company Applied Blockchain, Inc has announced that it has entered into a credit agreement with a North Dakota-based bank for a $15 million loan that will expand its crypto mining operations to take advantage of opportunities emerging in the current bear market