Mining
Canada’s western province, BC, will block new cryptocurrency miners
British Columbia will impose a targeted 18-month ban on electricity connections.
Mike Dalton 1 min read
Mining News
Track Bitcoin mining news, hash rate, public miners, energy policy, hardware trends, and network economics.
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Top Mining Stories
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Germany-based Bitcoin miner Northern Data forecasts €190M revenue for 2022
According to Northern Data's estimates, revenue for 2022 will be €189.9 million ($194.934 million).
Mining
Research: BTC is now cheaper than the all-in-sustaining cost of mining BTC
The current cost of mining one Bitcoin is $18,800, whereas the cost of one Bitcoin currently stands at $16,5771.8.
Latest Mining News & Analysis
Mining
Bitcoin miner Core Scientific files for bankruptcy, has over $1B in liabilities
Despite reports of the bankruptcy filing, Yahoo Finance data showed that Core Scientific stocks grew by 3% at the close of the trading market on Dec. 20.
Bankruptcy
Greenidge signs $74 million debt restructuring deal as bankruptcy fears emerge
Greenidge Generation Holdings is restructuring a significant portion of its debt with NYDIG ABL and will provide hosting services.
Mining
Bitcoin mining difficulty to end year rising by 3%
In 2022, BTC witnessed 26 mining adjustments --16 of them were positive, while the remaining ten were negative.
Research
Research: Miners sent 57K Bitcoin to exchanges in 2022; selling pressure decreasing
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.
Bankruptcy
Argo blockchain requests trading be restored on LSE, looks to raise funds
Argo said it is working to avoid filing for a Chapter 11 bankruptcy, however, "there is no assurance that it will avoid such filing."
Mining
Unpredictable electricity cost could have caused Argo’s troubles
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.
More Mining News Headlines
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Argo Blockchain may have accidentally revealed plans for bankruptcy
Mining
Rural Kenya harnesses stranded potential energy to mine BTC using hydropower
Mining
Hut8, Riot, Marathon increase BTC holdings in November after large declines
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