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Bit Digital

The Blockfusion crypto mining facility in Niagara Falls, N.Y. (Eliza Gkritsi/CoinDesk)
Finance
Mining
First a Hum and Then a Bang: Niagara Falls Residents Forced to Reckon With Crypto Mining
The city in New York has imposed a moratorium on new bitcoin mining operations as complaints about noise were compounded by an explosion and fire at a mining site last week.
The Blockfusion crypto mining facility in Niagara Falls, N.Y. (Eliza Gkritsi/CoinDesk)
By Eliza Gkritsi
May 20, 2022 at 6:25 p.m. UTC
May 20, 2022
MiningBitcoin MiningCrypto MiningBit DigitalNew York
asics, bitcoin mining, miners
Finance
Bit digital
Bit Digital Partners With BitMine to Host 7K ASIC Miners
BitMine will store the machines in immersion coolers for greater efficiency.
asics, bitcoin mining, miners
By Brandy Betz
Apr 5, 2022 at 1:44 p.m. UTC
Apr 5, 2022
Bit DigitalBitmineBitcoin Mining
Sen. Elizabeth Warren (D-Mass.) (Kevin Dietsch/Getty Images)
Finance
Mining
Warren Targets 6 More Crypto Miners for Their Energy Use
The crypto miners welcomed the dialogue on the environmental issues of mining with the Massachusetts senator.
Sen. Elizabeth Warren (D-Mass.) (Kevin Dietsch/Getty Images)
By Aoyon Ashraf
Jan 28, 2022 at 12:06 a.m. UTC
Jan 28, 2022
MiningPolicyEnvironmentProof-of-WorkRegulationRiot BlockchainMarathon DigitalBitdeerBitFuryBit DigitalStronghold Digital Mining
Taproot Unlocks Bitcoin Opportunities, Mintable Aims Big
Video
China
Taproot Unlocks Bitcoin Opportunities, Mintable Aims Big
Bit Digital says the entire crypto mining fleet is now out of China. Taproot upgrade unlocks greater bitcoin network utility. Singapore’s Mintable aims to become the world’s l...
Taproot Unlocks Bitcoin Opportunities, Mintable Aims Big
By CoinDesk Staff
Nov 18, 2021 at 3:54 p.m. UTC
Nov 18, 2021
ChinaNFTcdtvFM ClipTaprootDailyForkSingaporeMintableBit Digital
The United States Is Now the World Leader in Bitcoin Mining
Finance
Mining
Bit Digital Migrates All Its Bitcoin Mining Out of China Amid Ban
The New York-based miner expects to increase its mining power to 2.6 EH/s by mid-2022.
The United States Is Now the World Leader in Bitcoin Mining
By Aoyon Ashraf
Nov 17, 2021 at 2:37 p.m. UTC
Nov 17, 2021
MiningChinaBitcoinBit Digital
Mining machines (GreenBelka/Shutterstock)
Finance
Bit digital
Bit Digital Stock Slides After $80M Private Placement
Institutional investors bought 13.5 million shares from the bitcoin mining company.
Mining machines (GreenBelka/Shutterstock)
By Brandy Betz
Sep 30, 2021 at 2:58 p.m. UTC
Sep 30, 2021
Bit DigitalBitcoin Mining
Cryptocurrency mining profits might grow faster than the price of bitcoin, due to the global shortage of computer chips.
Markets
Bitcoin mining
Bit Digital Expands Its North American Hosted Mining Partnerships
The company plans to expand U.S. mining with Compute North, Core Scientific and others, per a release.
Cryptocurrency mining profits might grow faster than the price of bitcoin, due to the global shortage of computer chips.
By Zack Voell
Feb 23, 2021 at 1:40 p.m. UTC
Feb 23, 2021
Bitcoin MiningCore ScientificBit DigitalCompute North
BIG PICTURE: “The world is grappling right now with different supply chain issues like getting ventilators and masks around the world as opposed to bitcoin mining,” says Hut 8’s CEO. (Credit: Shutterstock)
Markets
Bitcoin mining
Bitcoin Mining Firm Bit Digital Removes CEO; Chairwoman Resigns
The changes come amid an ongoing class-action lawsuit against the mining company.
BIG PICTURE: “The world is grappling right now with different supply chain issues like getting ventilators and masks around the world as opposed to bitcoin mining,” says Hut 8’s CEO. (Credit: Shutterstock)
By Zack Voell
Feb 3, 2021 at 9:27 p.m. UTC
Feb 3, 2021
Bitcoin MiningBit Digital
U.S. District Court for the Southern District of New York
Policy
Bitcoin mining
Class Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud Allegations
Defendants allege the mining company made false and/or misleading statements and failed to disclose the true extent of its mining operations.
U.S. District Court for the Southern District of New York
By Sebastian Sinclair
Jan 22, 2021 at 11:05 a.m. UTC
Jan 22, 2021
Bitcoin MiningMiningCourt CasesBit Digital
Price action for shares of Bit Digital
Markets
Bitcoin mining
Bitcoin Miner Bit Digital Hits Back at ‘False Accusations’ of Fraud
The company shed $130 million in value after J Capital’s report.
Price action for shares of Bit Digital
By Zack Voell
Jan 20, 2021 at 6:42 p.m. UTC
Jan 20, 2021
Bitcoin MiningBit DigitalJ Capital