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crypto mining
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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
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
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
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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
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
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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
News
BTC Mining Becomes More Competitive, Hash Rate Hits 207 EH/s
Bitcoin network difficulty has reached a record high of 28.6 Trillion.
Mining revenues have dropped sharply in the past 6 months.
Thursday, 14/04/2022 | 09:01 GMT
by
Bilal Jafar
CryptoCurrency
Bitcoin Mining Faces Challenges: Is It Still Worthy?
BTC network difficulty reached its highest level on record last week.
Bitcoin mining revenues have decreased by nearly 50% since October 2021.
Saturday, 09/04/2022 | 08:37 GMT
by
Bilal Jafar
News
HIVE Blockchain Produces 278 BTC in March 2022
The company has increased its Bitcoin mining capacity in the past few months.
Total Bitcoin equivalent production reached 447.4 BTC during the last month.
Wednesday, 06/04/2022 | 07:16 GMT
by
Bilal Jafar
News
Riot Blockchain Reports 189% Increase in BTC Production for February 2022
The company has expanded its mining capabilities.
For the reported period, Riot produced 436 BTC.
Friday, 04/03/2022 | 08:15 GMT
by
Bilal Jafar
CryptoCurrency
Titan Launches the First P2P Hashpower Marketplace for Crypto Miners
Titan has created a next-generation decentralized mining ecosystem.
The marketplace enables miners and others to buy and sell hashpower using tokens.
Thursday, 24/02/2022 | 16:00 GMT
by
Nicholas Otieno
CryptoCurrency
Bitfury Announces New 28MW Crypto Mining Facility in Ontario
Bitfury has hosted a new cryptocurrency mining data center in Canada.
The crypto firm manages various mining facilities in other locations.
Wednesday, 23/02/2022 | 08:15 GMT
by
Nicholas Otieno
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CryptoCurrency
Kazakhstan Is Cracking Down on Illegal Crypto Miners, 13 Crypto Farms Disconnected
Kilowatts tariffs may increase by as much as 500% for crypto miners.
Crypto mining regulations may be introduced by 1 April 2022.
Tuesday, 22/02/2022 | 10:55 GMT
by
Matti Williamson
News
Bitcoin (BTC) Hash Rate Hits Another Record High
Yesterday, the number touched a new all-time high of 194 EH/s.
In July 2021, the hash rate reached a low of 95 EH/s after China’s mining ban.
Wednesday, 16/02/2022 | 09:23 GMT
by
Bilal Jafar
CryptoCurrency
Intel Officially Moves into Crypto Mining Initiative
A batch of new energy-efficient mining chips is expected late this year
Sunday, 13/02/2022 | 06:51 GMT
by
Nicholas Otieno
CryptoCurrency
BitNile Releases January's Bitcoin Production and Mining Operations Report
BitNile saw an increase of its bitcoin mining production.
The crypto mining firm plans to expand its facilities.
Thursday, 03/02/2022 | 07:19 GMT
by
Nicholas Otieno
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