crypto mining-3

DO NOT USE: Cryptocurrency mining rigs sit on racks at a facility
Crypto Miner PrimeBlock’s CEO Has Left Firm After Canceled SPAC Deal: Sources
SPAC deals have been getting axed in recent months due to adverse market conditions.
DO NOT USE: Cryptocurrency mining rigs sit on racks at a facility

Man looking at currency trading app on his smart phone from his home office
Institutional Investors Are Increasingly Using Crypto Options Trading to Hedge Their Bets in Bear Market
Options trading volume has risen on crypto exchanges, and even miners are using options strategies to muddle through the current uncertain environment.
Man looking at currency trading app on his smart phone from his home office

Mining, Bitcoin miners, fans (Michal Bednarek/Shutterstock)
Gryphon Mining 'Able to Take Advantage of Opportunities' in Sector
The miner produced 71 bitcoin in June, up from 62 in May.
Mining, Bitcoin miners, fans (Michal Bednarek/Shutterstock)

The Blockfusion crypto mining facility in Niagara Falls, New York. (Eliza Gkritsi/CoinDesk)
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, New York. (Eliza Gkritsi/CoinDesk)

SEC Seal
Nvidia Failed to Disclose Crypto Mining Revenue Impact in 2018, SEC Says
Without admitting or denying the charges, the chipmaker agreed to pay a $5.5 million dollar fine to settle the affair.
SEC Seal

Jihan Wu, now chairman and founder of Bitdeer, in 2018 (Bloomberg/Getty Images)
Bitmain Redux: Bitdeer and BitFuFu Are About to Test US Stock Market's Mining Appetite
China's two biggest cloud mining platforms plan to go public on the Nasdaq via SPAC deals this year, at a time when crypto and broader markets have pulled back from their peaks.
Jihan Wu, now chairman and founder of Bitdeer, in 2018 (Bloomberg/Getty Images)

Visualization of a quantum bit (Getty Images)
Quantum Computers vs. Crypto Mining: Separating Facts From Fiction
It has long been a concern that quantum computers could one day undermine Bitcoin and other crypto mining networks, but how realistic is that threat?
Visualization of a quantum bit (Getty Images)

Nvidia chip (Shutterstock)
Nvidia’s Crypto Mining Chip Sales Continue to Fall Sharply
The chipmaker’s fiscal fourth-quarter revenue from its Cryptocurrency Mining Processors (CMP) tumbled 77% from the previous quarter.
Nvidia chip (Shutterstock)

The Breakdown 01-08-22
Welcome to 2022: The Year of Absolutely Everything
From bitcoin mining disruptions to NFT booms to Fed disruptions, it was quite a week.
The Breakdown 01-08-22

A Hut 8 mining site (Hut 8)
Canadian Miner Hut 8 Closed 2021 With 5,518 Bitcoin in Reserve
The miner plans to reach 3.35 EH/s of hashrate by the end of Q1 2022.
A Hut 8 mining site (Hut 8)