Crypto Biz: Contagion engulfs Bitcoin miners as bear market continues
With the BTC price plunging more than 76% peak-to-trough, miners are struggling to keep their operations running.
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With the BTC price plunging more than 76% peak-to-trough, miners are struggling to keep their operations running.
As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per second (EH/s) toward...
The province of Buenos Aires in Argentina will begin taxing cryptocurrency mining and possibly staking, in 2023. A new proposal mo...
The loan would allow Core Scientific to keep its mining and hosting operations afloat while it restructures.
Ethereum Classic saw its hashrate balloon when Ethereum finally moved to a proof of stake mechanism. The miners who were being kic...
British Columbia is putting an 18-month moratorium on new requests to hook up crypto mining operations to the province’s electrica...
Core Scientific, one of the largest Bitcoin mining companies, has filed for bankruptcy amid plunging cryptocurrency prices and sky...
Northern Data (XETR:NB2), a publicly-listed crypto mining firm based in Germany, forecasts more than $200 million in revenue from...
British Columbia has cited prioritizing clean energy and job creation as the main reasons for suspending cryptocurrency mining ope...
At the midpoint, the guidance represents a growth of 1.1% from its revenue in 2021.
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy p...
One of the largest bitcoin mining companies in the U.S. has filed for Chapter 11 bankruptcy protection.Core Scientific has officia...
Nasdaq-listed Bitcoin mining company Core Scientific has filed for Chapter 11 bankruptcy, citing low Bitcoin prices and high costs...
Core Scientific is reportedly filing for Chapter 11 bankruptcy protection in Texas due to falling revenue and BTC prices.
The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an anno...
Greenidge is also working with NYDIG on new repayment terms, handing over a substantial portion of its mining machines in the proc...
The deal will involve NYDIG taking ownership of miners, with the aim to lessen chances of a bankruptcy.Greenidge Generation, a bit...
The deal, if executed, would essentially restructure the company into a hosting firm for Bitcoin mining rigs.
With the price of bitcoin being so down, opportunities abound for bitcoin mining operations with structured cash and efficient ope...