Crypto mining stocks dip as SEC issues subpoena for Marathon Digital mining facility
Share prices of Marathon Digital stock dropped, as did those from major crypto mining firms including Riot Blockchain, Bitfarms, Bit Digital and Hut 8.
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Marathon Plans to Raise $500 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs
On Monday, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior notes in order to accrue more “bitcoin or bitcoin mining…
Nasdaq-listed Bitcoin mining firm Marathon to raise $500M in debt
Marathon’s stock hit a six-year high in early November, with the firm accumulating $460 million worth of Bitcoin.
China’s Communist Party Reportedly Expells Top Official for Supporting Crypto Mining Companies
The government of China removed Xiao Yi – an official representing the Jiangxi province – from his post after he violated the country’s digital asset policies. According to the prosecution,…
Russian Nationalists Prepare Bill to Regulate Cryptocurrency Mining
Lawmakers from the Liberal Democratic Party of Russia are gearing up to introduce a draft law designed to regulate crypto mining. The nationalists say the legislation will benefit both Russian…
Bitcoin’s Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto Asset’s 36% Price Increase
While bitcoin has been hovering above the $60K handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that time as well. Since…
Altcoin Roundup: 3 Proof-of-work protocols focused on building Web 3.0
Proof-of-work models are evolving to support the growth of Web 3.0. Here’s 3 projects that offer miners substantial rewards for supporting the network.
Meet the Antminer S19 XP — Bitmain Reveals ASIC Manufacturer’s Most Powerful Bitcoin Miner
At the World Digital Mining Summit in Dubai, the leading application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer, Bitmain, revealed the company’s most powerful bitcoin mining device to date. The…
Bitfarms expands to US, plans green crypto mining operation in Washington
The company estimates the completed U.S. facilities will be able to produce 3.7 Bitcoin daily at a cost of roughly $4,000 per BTC.
DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The…
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