Bankruptcy
BlockFi plans to sell $160M worth of BTC miner-backed loans
The price of BTC mining rigs fell nearly 85% over the past year, causing some loans to become under-collateralized.
Monika Ghosh 1 min read
Mining News
Track Bitcoin mining news, hash rate, public miners, energy policy, hardware trends, and network economics.
Coverage footprint 3.9%
News sentiment 50 /100
Top Mining Stories
Mining
TON validators to determine suspension of inactive miner wallets
The vote will begin on Feb. 21, with a total balance of the inactive addresses adding up to 1.08 billion TON coins.
Mining
ASIC financing debt worsened Bitcoin miner’s liabilities in 2022: Report
With earnings going from high to low in 2022, some miners struggled to pay the dues, resulting in more defaults, distressed asset sales, and acquisitions than ever before.
Latest Mining News & Analysis
Mining
Bitcoin mining council Q4 2022 briefing shows a drop in sustainable energy usage
The Bitcoin network used 58.9% renewable sources last quarter vs. 59.4% the previous quarter.
Research
Research: A review of bitcoin mining company holdings in 2022
Marathon, Hut8, and Riot collected the largest amount of Bitcoin while Bit Digital emerged as the one that increased its mining capability the most.
Mining
Bitcoin mining emissions down 10% as Kazakhstan’s hash rate share decreases
Zero-emission energy resources account for 52.2% of the network's energy usage. Meanwhile, Kazakhstan now represents only 6.4% of the global hash rate.
Mining
Bitcoin mining difficulty rose 10%, hits new ATH
Since the last difficulty adjustment on Jan. 3, BTC price surged 27% to trade above $21,000 for the first time since FTX collapsed.
Mining
BTC hashrate hits ATH second time in 7 days, difficulty expected to grow 9%
BTC hashrate spike 20% on Jan. 12 before retracing to 251.79 EH/s.
Bankruptcy
Celsius Mining to sell 2687 BTC mining rigs for $1.34M
A Celsius creditor Víctor Ubierna de las Heras has objected to the sale and questioned whether it is in the best interest of the estate.
More Mining News Headlines
Mining
Argo’s mining revenue dipped 28% in December due to winter storm
Research
Bitcoin fundamentals remain unchanged despite the significant events in 2022
Bankruptcy
Bankrupt miner Core Scientific Bitcoin production rose 5% in December
Adoption