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Tag: bitcoin mining

Bitcoin mining revenue lowest in two years, hash rate on the decline

The total Bitcoin mining revenue — block rewards and transaction fees — in U.S. dollars fell down...

Australian firm raises $28M to expand Bitcoin mining capabilities

The Sydney-based Arkon Energy secured $28 million in a recent funding round to expand its renewable energy...

Could Hong Kong really become China’s proxy in crypto?

With its partial autonomy, the island city of Hong Kong has traditionally served as a gate to...

Hive Blockchain revenue declines by 44% Y/Y despite overall mining production surge

The company mined 31% more Bitcoin than in the same quarter last year.

FTX collapse followed by an uptick in stablecoin inflows and DEX activity

Investors piled into stablecoins following FTX’s collapse, and an uptick in DEX activity suggests a rising interest...

Bitcoin miner Canaan scales operations despite low earnings, CEO says

Chinese Bitcoin mining firm Canaan posted a 90% over-the-quarter decrease in net income in Q3 2022, but...

Argo Blockchain is at risk of closing if it fails further financing

Argo Blockchain has been selling its Bitcoin holdings earlier this year to cut debt to Michael Novogratz’s...

Core Scientific reveals financial distress in SEC filing, says its end may be near

The Bitcoin miner says low BTC and high electricity rates and Celsius’ refusal to pay its bills...

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