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Miners

Mining rigs in Plattsburgh, NY. (Fran Velasquez/CoinDesk)
Finance
Bitcoin mining
Why Bit Digital Is Expanding Into Canada
Bit Digital Chief Strategy Officer Samir Tabar joined CoinDesk TV’s “All About Bitcoin,” to discuss the mining company’s bid to increase hosting capacity in Canada.
Mining rigs in Plattsburgh, NY. (Fran Velasquez/CoinDesk)
By Fran Velasquez
Aug 5, 2022 at 5:33 p.m. UTC
Aug 5, 2022
Bitcoin MiningBit DigitalCoinDesk TVMinersEnvironmentEnergy
Bitcoin erased this week's early losses and climbed for a third consecutive day. (Mick Haupt/Getty Images)
Markets
Market wrap
Market Wrap: Bitcoin Erases Weekly Losses, but Skepticism Remains
BTC climbed for a third consecutive day, breaking above $21,000, despite lingering doubts.
Bitcoin erased this week's early losses and climbed for a third consecutive day. (Mick Haupt/Getty Images)
By Jimmy He
Jul 15, 2022 at 8:20 p.m. UTC
Jul 15, 2022
Market WrapMarketsBitcoinMinersUS Dollar
Marathon Digital CEO Fred Thiel, at the Bitcoin conference in Miami (CoinDesk)
Finance
Miners
Marathon Digital Continues to Hodl All Bitcoin but Hints at Strategy Change
Dealing with a number of operational challenges, the company mined 707 bitcoin during the second quarter down sharply from the previous three months.
Marathon Digital CEO Fred Thiel, at the Bitcoin conference in Miami (CoinDesk)
By Michael Bellusci
Jul 7, 2022 at 10:05 p.m. UTC
Jul 7, 2022
MinersBitcoin MiningMarathon DigitalNYDIG
Compass Mining sign at Bitcoin Miami 2022 (Danny Nelson/CoinDesk)
Finance
Compass mining
Compass Mining Cuts 15% of Staff, Lowers Executive Compensation
The bitcoin mining company said it's reassessing its priorities after growing too quickly.
Compass Mining sign at Bitcoin Miami 2022 (Danny Nelson/CoinDesk)
By Michael Bellusci
Jul 7, 2022 at 9:59 p.m. UTC
Jul 7, 2022
Compass MiningJobsHiringMiners
Crypto mining stocks have lost roughly half of their value in the past month. (Sandali Handagama for CoinDesk)
Finance
Miners
Good Time to Buy Crypto Mining Stocks, Says DA Davidson as It Slashes Hashrate Forecasts
There's now major upside to crypto mining stocks, even with significantly lowered earnings and hashrate projections.
Crypto mining stocks have lost roughly half of their value in the past month. (Sandali Handagama for CoinDesk)
By Eliza Gkritsi
Jul 1, 2022 at 6:00 p.m. UTC
Jul 1, 2022
MinersMining CentersBitcoin MiningInvestingMarathon DigitalStronghold Digital MiningRiot BlockchainArgo BlockchainAnalyst Ratings
Blockfusion's mining facility in Niagara Falls, New York, that hosts Bit Digital's mining rigs. (Eliza Gkritsi/CoinDesk)
Finance
New york
Bit Digital Production Slump Continued Into Q1, Strikes Deals With Coinmint, Riot to Increase Hashrate
The bitcoin miner has struggled to recover its hashrate since moving its operations out of China.
Blockfusion's mining facility in Niagara Falls, New York, that hosts Bit Digital's mining rigs. (Eliza Gkritsi/CoinDesk)
By Eliza Gkritsi
Jun 22, 2022 at 4:08 p.m. UTC
Jun 22, 2022
New YorkBitcoin MiningMinersRegulationFundingBit Digital
Bitcoin mining machines submerged in immersion cooling liquid at a facility in South Spain. (Eliza Gkritsi)
Finance
Bitcoin mining
Iris Energy Raises 2022 Hashrate Estimate to 4.3 EH/s
The construction of the bitcoin miner's Texas site may be delayed as the firm removed completion estimate.
Bitcoin mining machines submerged in immersion cooling liquid at a facility in South Spain. (Eliza Gkritsi)
By Eliza Gkritsi
Jun 22, 2022 at 8:54 a.m. UTC
Jun 22, 2022
Bitcoin MiningMinersFinanceLoansDebt
A Bitfarms employee inspecting miners at Cowansville, Quebec, Canada. (Aoyon Ashraf/CoinDesk)
Finance
Bitcoin mining
Miner Bitfarms Sold Almost Half Its Bitcoin to Reduce Debt
The miner sold 3,000 BTC in the past week to improve liquidity and reduce indebtedness.
A Bitfarms employee inspecting miners at Cowansville, Quebec, Canada. (Aoyon Ashraf/CoinDesk)
By Eliza Gkritsi
Jun 21, 2022 at 1:43 p.m. UTC
Jun 21, 2022
Bitcoin MiningMinersDebtGalaxy DigitalNYDIG
Tough Time for Miners: NY Passes Moratorium; Riot Blockchain Sells More Bitcoin
Video
Bitcoin
Tough Time for Miners: NY Passes Moratorium; Riot Blockchain Sells More Bitcoin
Miners are facing new headwinds amid the market downturn. Riot Blockchain (RIOT) is unloading more than half of the bitcoin it mined in May. Separately, the New York State Sen...
Tough Time for Miners: NY Passes Moratorium; Riot Blockchain Sells More Bitcoin
By CoinDesk Staff
Jun 3, 2022 at 5:45 p.m. UTC
Jun 3, 2022
BitcoincdtvHash clipRiot BlockchainMinersRIOTNew York State
A bitcoin mining farm. (Marko Ahtisaari/Flickr)
Technology
Bitcoin
As Bitcoin Price Slides, Older Mining Rigs Are Becoming Less Profitable
Even as Bitcoin's mining difficulty adjusts downward, the price trend might spell a crisis for retail miners. On the other hand, it could be an opportunity for those looking t...
A bitcoin mining farm. (Marko Ahtisaari/Flickr)
By Eliza Gkritsi
May 25, 2022 at 3:21 p.m. UTC
May 25, 2022
BitcoinMiningDifficultyMinersHashrate