Tag: energy costs
Argo Blockchain Sells Helios Mining Facility: A Bold Move in Tough Times
Argo Blockchain has sold its Helios mining facility to Galaxy Digital for $65 million to reduce debt and survive the bear market.
Core Scientific’s Financial Struggles: A Warning for Crypto Miners Ahead
Core Scientific warns of potential operational end due to financial losses and rising costs, echoing distress in the Bitcoin mining industry.
Compute North Files for Chapter 11: A Rocky Road for Bitcoin Mining Amid Crypto Winter
Compute North files for Chapter 11 amid rising costs and crypto winter, impacting several partners but operations remain unaffected.
Dollars and Digits: The Economics of Cryptocurrency Mining
Dive into the financial ins and outs of cryptocurrency mining, exploring costs, revenues, and market trends that shape the landscape.
U.S. Crypto Mining Giants Defy Market Trends with Bold Expansion Plans
Amid a Bitcoin downturn, U.S. crypto miners Marathon Digital and GEM Mining ramp up operations, citing growth strategies and tax incentives.
Kentucky’s Crypto Mining Investigation: Charged Debates on Discounts and Electric Bills
Kentucky PSC investigates crypto mining contracts that could impact local electric prices. Will discounts lead to higher bills for residents?
Harnessing Hydropower: Norway’s Innovative Approach to Sustainable Bitcoin Mining
Explore how Norway leverages hydropower for eco-friendly Bitcoin mining at Kryptovault, creating savings and sustainability.
The Crypto Landscape in Russia: Mining, Regulations, and the Digital Ruble
Discover how Russia is shaping the cryptocurrency mining landscape, regulations in place, and the implications of the digital ruble.
KenGen Invites Bitcoin Miners: A Match Made in Geothermal Heaven
KenGen invites Bitcoin miners to harness its renewable energy. Explore the potential benefits and challenges in Kenya’s crypto landscape!
Navigating the Bitcoin Mining Bear Market: Insights and Trends
Explore insights into the current Bitcoin mining bear market, trends in profitability, and challenges faced by miners and public companies.