crypto mining

April 19 will see the fourth halving for Bitcoin (CRYPTO: BTC), the world’s first and most popular cryptocurrency. But what exactly happens during the halving and what consequences could it have for Bitcoin investors? How The Bitcoin Halving Mechanism Works Bitcoin’s supply is capped...

Bitcoin’s surge to a record $73,000 has grabbed headlines, but HIVE Digital Technologies Ltd (NASDAQ:HIVE) and Bit Digital Inc (NASDAQ:BTBT), two crypto mining giants, are facing a troubling sign: the Death Cross. Related: Bitcoin Tops $73,000; Toncoin, THORChain Among Top Gainers HIVE...

Marathon Digital Holdings, Inc. (NASDAQ: MARA), a prominent player in the crypto mining ecosystem, has released unaudited updates on its booming Bitcoin mining operations for December 2023. It reported a significant increase in its Bitcoin (CRYPTO: BTC) mining output, bolstered by higher...

Major crypto miners recently discussed strategies to mitigate the impact of Bitcoin (CRYPTO: BTC) halving, set to take place in April 2024. They're focused on being prepared, maintaining capital reserves and improving fleet efficiency to effectively navigate the challenges...

Nishad Singh on Monday testified about the extravagant expenditures he observed while working alongside FTX founder Sam Bankman-Fried, voicing his concerns over what he perceived as a wasteful $20 million spending, which Bankman-Fried countered by accusing Singh of sowing doubts. This ongoing...

Geoff Morphy's professional trajectory is marked by dynamic shifts, significant promotions, and an enduring commitment to corporate excellence. He embarked on his journey with Bitfarms (NASDAQ: BITF) as a director in May 2020. By August, he transitioned into the executive team, taking on...

Cryptocurrency mining company Argo Blockchain (NASDAQ: ARBK), based in London, raised almost $7.5 million by issuing new shares. The funds raised from this share sale, which included a private placement of £5.134 million ($6,635,386.96) and a public sale of £616,000 ($796,143.04),...

Crypto mining company Marathon Digital (NASDAQ: MARA) is facing legal action as its shareholders have accused CEO Fred Thiel and other senior executives of breaching fiduciary duties, unjust enrichment, and wasting corporate assets. A shareholder complaint against Thiel and nine other...

Blockchain tech company, Meten Holding Group Ltd (NASDAQ: METX) entered into an asset purchase agreement with two unaffiliated third parties to acquire 200 units of Antminer S19j Pro (110 TH/s) Bitcoin mining machines. Meten also agreed to issue to the sellers ordinary shares of the...

Cryptocurrency industry employment has experienced a 10% dip over the last year, and the sector now reportedly employs approximately 190,000 individuals, a noticeable decrease from 210,000 in 2022.  "Lots of people have lost their jobs, and many firms are being kept afloat by the...

Detroit-based Benzinga sent its team to Miami, Florida, for Bitcoin 2023 in May to check out innovations in digital assets and speak with founders and investors, among other experts.  The following is a conversation with Ryan Condron, CEO and co-founder of Titan.io. The...

On May 28, U.S. lawmakers released a draft of a bill allowing the U.S. to increase its debt ceiling. This bill also included a number of add-on taxes, such as the Digital Assets Mining Energy (DAME) excise tax which proposed taxing crypto miners 10% of the cost of the electricity used for...

Matrixport, a provider of crypto-related services, indicated that the current market pressure faced by Bitcoin (CRYPTO: BTC) at the $28,000 mark could be attributed to miners needing to liquidate their newly acquired assets. This necessity for liquidation, Coindesk reported, is due to the...

The well-known cryptocurrency advocacy group Blockchain Association made the decision to relocate to Washington, D.C., and focus on federal policies as the regulatory pressure on the digital assets industry grows. What Happened: The organization is moving resources out of New...

TeraWulf (Nasdaq: WULF) a Bitcoin (CRYPTO: BTC) mining company based in the U.S., announced on Wednesday the full deployment of 50 MW at its Nautilus Cryptomine facility ahead of schedule. The facility represents the first behind-the-meter Bitcoin mining plant of its kind in the United States...