Public BTC mining companies face $4B in liabilities, Core Scientific leads the pack
Public Bitcoin (BTC) mining companies collectively have liabilities that amass to…
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Mining
Russia’s crypto mining bill could be finalized in January 2023
Russia’s cryptocurrency mining bill, which would legalize crypto mining and the sale…
Bitcoin miners increased hash rate and production despite falling BTC prices in 2022
The price of Bitcoin (BTC) fell by 64.68% to $16,870 from around $47,766 at the…
CleanSpark mined 3,750 BTC in FY’22, BTC reserves down 40% since January
CleanSpark’s hash rate hit 6 EH/s on Dec. 21, compared to 2 EH/s on Dec. 31, 2021 —…
Canada’s western province, BC, will block new cryptocurrency miners
British Columbia, Canada, will deny electricity to new crypto mining firms, according…
Germany-based Bitcoin miner Northern Data forecasts €190M revenue for 2022
Bitcoin miner Northern Data, based out of Germany, anticipates revenue of €190-194…
BTC is now cheaper than the all-in-sustaining cost of mining BTC
The cost of Bitcoin (BTC) is now cheaper than the cost of mining one Bitcoin,…
Bitcoin miner Core Scientific files for bankruptcy, has over $1B in liabilities
Publicly traded crypto miner Core Scientific filed for Chapter 11 bankruptcy…
Greenidge signs $74 million debt restructuring deal as bankruptcy fears emerge
Bitcoin (BTC) miner Greenidge Generation has entered into a $74 million debt…
Bitcoin mining difficulty to end year rising by 3%
Bitcoin mining difficulty is expected to increase by at least 3% on Dec. 19 for the…