Mining news articles
Crypto Chaos: Over $4 Billion In Losses Plague 16 Bitcoin Mining Titans
Bitcoin mining, once a lucrative venture for cryptocurrency enthusiasts and institutional players alike, is now grappling with a significant...
Canaan’s 2Q mining revenue jumps 43% on 1Q, but net loss climbs 31%
Bitcoin mining company Canaan announced its unaudited financial results for Q2 2023, showing growth in computing power sold and BTC mining r...
Bitcoin mining revenue just edges past year-long average
Quick Take Bitcoin miner revenue currently stands at approximately $25.5 million, marginally surpassing the 365-day Simple Moving Average (S...
Argo Blockchain cuts 2022 debt by half, down to $75M
The mining company, which has been one of a number of firms to struggle amid negative market conditions and a highly-competitive mining ecos...
Oman Ramps Up Crypto Investments to Become Digital Hub in the Middle East
Crypto News The Sultanate of Oman is intensifying its integration of cryptocurrencies, bolstered by a series of multi-million dollar investm...
Bitcoin Mining Complexity Hits Record High Despite Price Plunge
Following the BlackRock filing for a Bitcoin spot ETF that helped propel the market at the end of June, Bitcoin reached a YTD high just abou...
Bitcoin Hashrate Stays High Despite Hashprice Falling To Historical Lows
Data shows the Bitcoin mining hashrate has remained at high levels recently, despite the hashprice observing a deep plunge. Bitcoin Hashrate...
Bitcoin may hit $100K by capturing ‘even 2%–5% of gold’s market cap’ — Hut8 VP Sue Ennis
The next Bitcoin halving event is less than 9 months away and the consensus opinion among analysts and investors is that the halving will se...
BlackRock’s Bitcoin strategy involves investments in top mining companies
The world’s largest asset manager, BlackRock, is increasing its exposure to Bitcoin by investing in the top five miners of the flagship di...
Bitcoin: Key takeaways for BTC investors from the BlackRock update
Bitcoin’s hashrate has been growing at a steady pace for over a year. Hash ribbons pointed out a good buying opportunity, while BTC’s RS...
Monero: A new miner, growing concerns and the current state of the XMR token
Bitmain has announced the launch of the first professional XMR miner. While XMR’s value has dropped by double digits in the last month, a ...
A dive into Bitcoin’s past year as BTC devises the next move
Bitcoin’s performance over the last year showcased a complex journey of institutional involvement and market dynamics. The interplay of in...