Mining – Page 77 – Miami Crypto Coin

2 Bitcoin Mining Pools Command More Than 53% of BTC’s Total Hashrate

Post author:MiamiCrypto
Post published:December 29, 2022
Post category:2 pools 2 pools 50%Antpool Bitcoin Bitcoin Miners Bitcoin Mining Bitmain Antminer S19 XP Hyd BTC BTC Mining Coinwarz.com cold weather Core Scientific difficulty metric difficulty reduction electric F2Pool Foundry Foundry USA grid Mining texas ViaBTC

Bitcoin’s hashrate has jumped from the low 170 exahash per second (EH/s) recorded this week, to above the 300 exahash range after a number of bitcoin mining operations from Texas…

Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas

Post author:MiamiCrypto
Post published:December 29, 2022
Post category:Argo Blockchain Bitcoin (BTC)Bitcoin Mining Bitcoins Bitmain Machines Bitmain S19J Pros BTC BTC Mining deal with Galaxy Digital galaxy digital Helios Facility Loan loans Mining Mining Bitcoins NYDIG Troubled bitcoin miners Troubled Miners

After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement.…

Canaan expects minor revenue drop in 2022 despite crypto mining crisis

Post author:MiamiCrypto
Post published:December 28, 2022
Post category:Canaan China Cryptocurrencies Mining

Crypto mining firm Canaan expects its annual RMB-denominated revenue to drop less than 15% despite the crypto market cap plummeting 70% in 2022.

Argo Blockchain sells top mining facility to Galaxy Digital for $65M

Post author:MiamiCrypto
Post published:December 28, 2022
Post category:Cryptocurrencies Michael Novogratz Mining

Argo Blockchain reduces its total debt by $41 million by selling its flagship Helios mining facility and getting a $35 million loan from Galaxy.

Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading

Post author:MiamiCrypto
Post published:December 28, 2022
Post category:Argo Argo Blockchain Argo shares Argo stock Bankruptcy Bitcoin Miners Bitcoin mining business BTC Mining Chapter 11 Downgrade London Stock Exchange Mining Mining Bitcoins Nasdaq Nasdaq: ARBK Publicly Listed Bitcoin Miners Share Downgrade shares Stock Suspension of shares Suspension of trading

Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the company expects to make an announcement on Wednesday, Dec. 28,…

Bitcoin Mining Pool Btc.com Suffers $3 Million Cyberattack

Post author:MiamiCrypto
Post published:December 27, 2022
Post category:Bit Mining Bitcoin Mining BTC.com China chinese Crypto Crypto mining Cryptocurrencies Cryptocurrency cyberattack Hack Hackers hacking attack Mining Mining Pool pool Theft

A major cryptocurrency mining pool has been hit by hackers earlier this month, the company who owns the pool revealed in an announcement. The incident resulted in the theft of…

Bitcoin mining pool BTC.com reports $3M cyberattack

Post author:MiamiCrypto
Post published:December 26, 2022
Post category:Bitcoin Mining China Cryptocurrencies Cybersecurity Hackers Hacks Hash Rate law Mining

BTC.com, the seventh-largest Bitcoin mining pool, said that its client fund services are unaffected by the recent $3 million cyberattack.

Bitcoin Hashrate Slides as Texas Miners Curtail Hashpower to Bolster the Grid

Post author:MiamiCrypto
Post published:December 25, 2022
Post category:70 EH/s Antpool Bitcoin Bitcoin Miners Bitcoin Mining BTC BTC Mining Coinwarz.com cold weather Core Scientific electric Electric Reliability Council of Texas ERCOT Foundry Foundry USA Lancium Mining Neil Galloway texas

Bitcoin’s total hashrate tapped a low of 170 exahash per second (EH/s) on Dec. 25, as reports noted that bitcoin miners in Texas curtailed their hashpower during a massive winter…

Blockware sued over alleged misrepresentation of miners’ performance

Post author:MiamiCrypto
Post published:December 24, 2022
Post category:Bitcoin Mining law Mining

The plaintiff claims losses of $250,000 and seeks compensatory and punitive damages.

Public Bitcoin mining companies plagued with $4B of collective debt

Post author:MiamiCrypto
Post published:December 24, 2022
Post category:Bankruptcy Bitcoin Mining loans Mining

The Bitcoin mining community took up massive loans during the 2021 bull market, negatively impacting their bottom lines during a subsequent bear market.