Analyst: Riot acquisition price of Block Mining is ‘justified,’ improves its hash rate
Analysts from H.C. Wainwright claim that Riot’s acquisition of Block Mining is a great move for the company and its…
Why the U.S. doesn’t need a tax on mining: Senator Lummis explains
Senator Cynthia Lummis released a report opposing the proposed 30% energy excise tax on miners. The politician published a report…
ASIC market undergoes ‘significant repricing,’ analysts say
Following Bitcoin’s April halving, which cut miners’ rewards, many mining models saw “significant drawdowns” in pricing, according to Hashrate Index.…
Crypto miner HIVE Digital to double revenue with 100MW center in Paraguay
Canadian cryptocurrency mining firm HIVE Digital has announced plans to build a 100MW mining center in Paraguay to boost its…
Bitcoin mining stocks brace for technical risk
Bitcoin mining stocks continued their recovery as Bitcoin continued rising during the weekend. Bitcoin mining stocks are rising Bitcoin has…
Bitcoin miner Riot Platforms acquires rival Block Mining for $92.5m
Colorado-based Bitcoin mining company Riot Platforms has acquired its Kentucky-based competitor Block Mining to increase its operational capacity by 16…
Foundry announces non-profit initiative to support Bitcoin developers
Foundry is launching a new program that allows miners to contribute a part of their mined coins to Bitcoin developers.…
Three reasons why the crypto market fell on Tuesday
An analyst cited by CryptoQuant theorized that a bottom was in play with the recent market-wide slump. The total cryptocurrency…
Greenpeace: Bitcoin mining companies are hiding energy data, Wall Street is responsible
In a new report filed by Greenpeace, the climate group called for Wall Street accountability in crypto mining, and it…