Bitcoin Miner Hut 8 Talks Operational Issues and USBTC Merger in Earnings Call
The Canadian mining firm has pulled 7,000 machines from a site due to litigation and is troubled by “electrical issues” at another site.
Bitcoin Miner Reserves Continue to Decline as BTC Drops to 3-Week Low
Bitcoin miner reserves are shrinking as miners sell more of the asset to cover their expenses, according to on-chain analysis.
U.S. Senators investigate Bitcoin mining’s environmental impact
On Tuesday, the Committee on Environment and Public Works chaired by Senator Ed Markey (D-Massachusetts) took a closer look at Bitcoin mining.
Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate
The miner reduced its debt by $50 million and freed up about $75 million worth of bitcoin that was held as collateral.
Jack Dorsey Plans to Democratize Bitcoin Mining With DIY Kit
Jack Dorsey, the CEO of Block, Inc., has come up with an innovative solution to get more people involved with Bitcoin mining.
Environmental Impact of Bitcoin Mining ‘Deserves the Spotlight’: US Senator Markey
The U.S. Senate yesterday held what lawmakers said was its first-ever hearing on the environmental impact of crypto mining.
Despite 82% drop in quarterly revenue, Bitcoin mining hardware manufacturer Canaan remains optimistic
Canaan, a Chinese manufacturer of application-specific integrated circuit (ASIC) mining machines for Bitcoin, reported an 82% drop in revenue in Q4 2022, according to a filing with the United States…
Bitcoin Mining Energy Efficiency Keeps Improving Despite Environmental FUD
According to recent findings, the environmental, social, and governance (ESG) properties of Bitcoin mining continue to improve.
Compass Mining Alerts Bitcoin Miners of Changes in Bitmain’s ASIC Design
Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig, has made changes to its design. The…
Jack Dorsey’s Block Reveals Plans for Bitcoin ‘Mining Development Kit’
The company hopes to see developers integrate mining into heating solutions, off-grid mining, home mining, and intermittent power applications.
