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Crypto mining
Democratizing Investing: A Revolution in the Making?
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Blockchain to the Rescue: A New Era of Microfinance
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The Interoperability Challenge of DeFi: Cross-Chain Solutions
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Global Banking Crisis, Inflation, and Interest Rates: What
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Democratizing Investing: A Revolution in the Making?
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CryptoCurrency
HIVE Blockchain Reports $90m Loss in Q4 2022 amid Lower Bitcoin Prices
The net loss came in at $90 million, rising from a $37 million loss reported in Q3.
HIVE tries to compensate for challenging market conditions by energy hedging.
Wednesday, 22/02/2023 | 15:10 GMT
by
Damian Chmiel
CryptoCurrency
GPU Mining vs. CPU Mining: Which is Better?
Both setups have advantages and disadvantages.
Thursday, 09/02/2023 | 09:08 GMT
by
Finance Magnates Staff
CryptoCurrency
Argo Blockchain Produces More BTC in January Due to Lighter Winter
Harsh winter conditions limited BTC production in December 2022.
In January 2023, the overall Bitcoin production was 14% higher.
Wednesday, 08/02/2023 | 10:21 GMT
by
Damian Chmiel
CryptoCurrency
Hut 8 Merges with US Bitcoin to Fight Crypto Winter
Two companies announced the merger of equals.
The joint mining capacity will reach 5.6 EH/s.
Wednesday, 08/02/2023 | 09:27 GMT
by
Damian Chmiel
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Thought Leaders
Crypto Mining Done Right - QTUM Offline Staking
Qtum has a flexible staking system that allows both online and offline staking.
Tuesday, 07/02/2023 | 11:24 GMT
by
James Clifford
CryptoCurrency
HIVE Blockchain Reports BTC Production and Bets on Grid Balancing
January mining statistics were slightly lower than a year ago.
However, the company generated additional revenue due to the energy price hedging.
Tuesday, 07/02/2023 | 09:30 GMT
by
Damian Chmiel
CryptoCurrency
BTC Miner Northern Data Increases its Crypto Production by 315% in 2022
The company wants to move its ASIC machines outside of Europe.
Northern Data forecast high revenue despite the current industry crisis.
Thursday, 12/01/2023 | 09:06 GMT
by
Damian Chmiel
CryptoCurrency
Argo Blockchain Reports 35% Lower Bitcoin Production in December
Argo produces less BTC due to the harsh winter in the US.
The firm halted production at one of its mines to lower the strain on the electric grid.
Wednesday, 11/01/2023 | 09:39 GMT
by
Damian Chmiel
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CryptoCurrency
Bankrupt Core Scientific Reports Higher Bitcoin Production
The company keeps mining despite a bankruptcy filing from last month.
Publicly-listed miners' revenue fell significantly in 2022.
Tuesday, 10/01/2023 | 11:41 GMT
by
Damian Chmiel
CryptoCurrency
HIVE Blockchain Increases Its Bitcoin Production, Mines 4,752 BTC in 2022
BTC production increased by 18% compared to 2021.
HIVE leverages current crypto bear market to invest in discounted mining rigs.
Monday, 09/01/2023 | 10:06 GMT
by
Damian Chmiel
CryptoCurrency
Why Bitcoin Miners Made $6 Billion Less in 2022?
BTC mining companies cut their revenues due to the prolonged crypto winter.
Despite the lowering yield, BTC network difficulty constantly increased throughout 2022.
Thursday, 05/01/2023 | 10:02 GMT
by
Damian Chmiel
CryptoCurrency
Mike Novogratz's Galaxy Saves Bitcoin Miner Argo from Bankruptcy
Argo sells Helios mine and takes asset-backed loans from Galaxy.
The company wants to renew its focus on Canadian operations.
Wednesday, 28/12/2022 | 09:26 GMT
by
Damian Chmiel
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CryptoCurrency
BTC Miner Northern Data Forecasts $204m in Revenue Despite Industry Crisis
The company's revenue is expected to grow by 1.11% compared to the record in 2021.
The mining industry was hit hard by the drop in Bitcoin prices and rising energy costs.
Thursday, 22/12/2022 | 09:25 GMT
by
Damian Chmiel
CryptoCurrency
Bitfarms Deepens 2022 Loss Despite More Bitcoins Mined
The company increased its hashrate by 180% on a yearly basis.
Freefalling cryptocurrency prices brought a substantial net loss during Q3 2022.
Thursday, 17/11/2022 | 10:27 GMT
by
Damian Chmiel
CryptoCurrency
Canaan Feels the Bitcoin Blues. Net Income Down 90%
The sale of total computing power was reduced by 49% compared to last year.
Canaan's CEO forecasts a further 'very tough period' for the industry.
Monday, 14/11/2022 | 11:59 GMT
by
Damian Chmiel
News
Argo Posts a Jump in BTC Mining during August
The company mined 235 BTC in the last month.
Global Bitcoin miners are facing significant challenges due to rising energy prices.
Friday, 09/09/2022 | 08:12 GMT
by
Bilal Jafar
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Op-ed
CryptoCurrency
Op-ed
Why Crypto Miners Flock to Dubai Despite the Hot Weather
Dubai has quickly established itself as a digital hub
Conditions can be challenging with daily temperatures rising to 42°C in the summer.
Wednesday, 10/08/2022 | 10:40 GMT
by
Ilman Shazhaev
Op-ed
CryptoCurrency
Op-ed
Is Bitcoin Mining Still Profitable?
After a massive tumble in price, is mining btc still worthwhile?
Thursday, 14/07/2022 | 08:41 GMT
by
Liam Peak
News
HIVE Blockchain’s BTC Mining Capacity Increases in May
The number climbed from 2.15 Exahash to 2.18 Exahash.
The company produced 273.4 BTC in the last month.
Monday, 06/06/2022 | 08:01 GMT
by
Bilal Jafar
News
BIT Mining Completes First Closing of Bee Computing Acquisition
The firm issued 16,038,930 of its Class A ordinary shares to the selling shareholders.
Bee Computing was established in 2018.
Tuesday, 31/05/2022 | 20:12 GMT
by
Felipe Erazo
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Executive Moves
Argo Blockchain Promotes Justin Nolan to Chief Growth Officer
Previously, Nolan was Co-founder and Chief Executive of DPN LLC.
Argo has also provided an operational update for April 2022.
Monday, 09/05/2022 | 06:50 GMT
by
Bilal Jafar
CryptoCurrency
GEM's Bitcoin Production Falls in April despite Increase in Active Miner Fleet
GEM’s revenue fell by 4.3% in April.
A Miner says April output “second-best production results” since inception.
Thursday, 05/05/2022 | 18:49 GMT
by
Solomon Oladipupo
CryptoCurrency
MedTech Firm, Spine, Changes Name, Introduces Product for Crypto Miners
Bitech to collaborate with major crypto miners.
Tesdison designed for 99% energy efficiency to replace ASICs.
Monday, 02/05/2022 | 13:13 GMT
by
Solomon Oladipupo
CryptoCurrency
APW to Change Name after Acquiring Crypto Miner CloudXchange
APW gets an earnings guarantee of US$1.5m for the first 12 months.
CloudX’s sole owner to get restricted common shares.
Monday, 25/04/2022 | 13:00 GMT
by
Solomon Oladipupo
ADVERTISEMENT
News
US Government Sanctions Major Crypto Miner BitRiver
The crypto miner is based in Switzerland.
BitRiver is one of the largest data center service providers in the industry.
Thursday, 21/04/2022 | 17:26 GMT
by
Felipe Erazo
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