Core Scientific is poised to exit Chapter 11 bankruptcy proceedings following a $77 million deal with crypto mining rig maker Bitmain.
Crypto exchange KuCoin has announced that it will suspend its mining pool services on August 15, 2023.
Summary: Tether plans to tap into Uruguay’s renewable energy ecosystem and mine Bitcoin (BTC), crypto’s largest token by market cap....
The SEC reportedly subpoenaed Marathon Digital Holdings last month in relation with the Bitcoin mining giant’s data center facility based in Hardin, Montana.
Foundry, the Bitcoin mining firm owned by the Digital Currency Group (DCG), has informed its clients that it will stop offering free services to its clients starting April 19, 2023.
The bitcoin mining industry in Texas remains undeterred amid growing concerns over the industry's rising power consumption. Power consumed by bitcoin miners went up 75% last year.
Summary: Lawyers representing the Bitcoin miner said the company was losing north of $53,000 daily due to a hosting agreement...
Summary: Bitcoin miners needing to sell could weigh down on the price of BTC for some time. According to analysts...