Crypto Mining

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Core Scientific wins court approval to enact reorganization plan, exit bankruptcy

The Bitcoin mining firm Core Scientific announced on Jan. 16 that it has obtained court approval to proceed with its reorganization plan.Core Scientific...

Hut 8 expands borrowing capacity with Coinbase to $65 million, acquires natural gas power plants

Bitcoin miner Hut 8 has secured an additional $15 million from a subsidiary of the United States-based cryptocurrency exchange, Coinbase, according to a...

Cleanspark invests $193 million in new miners, looks to 5x hashrate in anticipation of halving

CleanSpark Inc., the third largest public Bitcoin mining company by hashrate, has agreed to purchase up to 160,000 Bitmain S21 miners, according to...

Bitcoin’s rise to $45k propels crypto stocks to robust year opening

Major crypto-centric firms are off to a robust start in the new year, marked by significant market trading upticks in their shares amid...

Court grants final approval for $225M Celsius mining company, steers clear of securities ruling

The United States Bankruptcy Court for the Southern District of New York approved the implementation of the “MiningCo Transaction” for Celsius and its...

Bitcoin mining stocks account for 25% of shares traded for top large caps, outperforming BTC into new year

Yesterday’s stock market, Dec. 27, reflected a surge in investor interest in Bitcoin-related stocks ahead of potential ETF approvals.Bitcoin mining companies’ stocks soared,...

Bitcoin miner Hut 8 to develop mining facility for bankrupt Celsius in Texas

Bitcoin (BTC) miner Hut 8 said it signed an interim agreement to build and install mining operations for bankrupt crypto lender Celsius in...

Bitcoin mining’s silent comeback in China, according to industry insider

CryptoSlate’s research analyst, James Van Straten, recently sat down with Bitfarms’ Chief Mining Officer, Ben Gagnon, to discuss the evolving landscape of Bitcoin...

Russia draws up plans to classify mined crypto as an exportable commodity

The Russian Ministry of Finance has proposed allowing crypto miners to export their crypto akin to other commodities, local media outlet RBC reported.During...

Using Samsung Galaxy A14 5G Smartphone for VRSC Crypto Mining

12 Dec 2023 We put another budget-oriented smartphone to the test of crypto mining VerusCoin (VRSC) with it, this time around it is the Samsung...

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Grayscale Reacts as CLARITY Act Hits Senate Roadblock

TLDR Grayscale said the failed CLARITY Act vote...

Zuckerberg says labs already have the incentive to build AI safely

Mark Zuckerberg maintains that all AI companies are...

XRP claims a 26.11% weight in Grayscale’s new bitcoin-free crypto model

Grayscale’s new bitcoin-excluding model portfolio for financial advisors...