Industry News
Bitcoin Miners are Selling at The Fastest Pace in Seven Years, Mining Stocks Plunge
Bitcoin miners are having a tough time. They are selling assets at a faster pace, and their shares are falling. With the price of bitcoin hitting ...
Hive Blockchain revenue was down 44% despite the surge in overall mining production
Vancouver-based digital asset mining company Hive Blockchain reported a 44 per cent year-on-year drop in revenue to $29.6 million, according to its...
FTX Reorganizes, New CEO Seeks Support from Employees During Company Conference Call
After filing for bankruptcy protection last week, FTX's new CEO, John Jay Ray III, called on employees to unite in an all-hands meeting, people on ...
Oil and Gas Giant Shell is Moving into Bitcoin Mining
Shell aims to provide a green transition to bitcoin mining. According to the data, bitcoin mining consumes 103.01 TWh per year. London-based oil...
Transparency Is Coming to Bitcoin Mining as Institutions Eyeball ESG
Environmental impacts stemming from the big business of bitcoin mining are getting a dose of transparency that’s welcome to the world’s largest ass...
Largest Ethereum miner, Ethermine, stops processing sanctioned transactions
The hope of a decentralized, open, free internet is in jeopardy right now. This is not hyperbole, FUD, or clickbait. Ethermine, the largest Ethereu...
3 reasons why Bitcoin’s drop to $21K and the marketwide sell-off could be worse than you think
On Aug. 19, the total crypto market capitalization dropped by 9.1%. But, more importantly, the all-important $1 trillion psychological suppor...
HIVE Posts Revenues of $44.2 Million in the Latest Quarter
Public-listed crypto mining firm, HIVE Blockchain Technologies, recently published its financial results for the quarter ended 30 June 2022. In the...
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