Track Bitcoin mining news, hash rate, public miners, energy policy, hardware trends, and network economics.
On-chain data shows miners have been capitulating en masse throughout the year. However, this doesn't mean that they have been selling all of their BTC.
Andjela Radmilac 3 min read 
Argo said it is working to avoid filing for a Chapter 11 bankruptcy, however, "there is no assurance that it will avoid such filing."
Crypto mining company Argo Blockchain failed to secure a fixed-price PPA earlier this year and has seen its cash flow devastated by rising electricity costs.
Crypto mining company Argo Blockchain may be filing for bankruptcy, according to an accidental announcement.
Over 500 families in the area are also receiving uninterrupted off-grid power.
Argo, Bit Digital, Bitfarms, and Cleanspark's BTC reserves shrank from October to November.
29 mining companies run almost fully on clean energy, and they constitute 16.48% of the Bitcoin Network.
The Bitcoin mining rewards held in miners' wallets has seen a sharp decline since August. Analysis of Poolin addresses reveals it is responsible for a significant proportion of the decline.
The Majilis have approved the new bill governing the regulation of crypto assets alongside four other crypto mining regulation bills in Kazakhstan.
