Eliza Gkritsi

Eliza Gkritsi

Eliza Gkritsi is a CoinDesk mining reporter based in Asia. She previously worked at TechNode in Shanghai and has graduated from the London School of Economics, Fudan University, and the University of York. She doesn't own any crypto. She tweets as @egreechee.

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Nangeng Zhang, CEO of Canaan [Horizontal]
Crypto Mining Rig Maker Canaan's Q4 Revenue Sunk 82% to $56.8M
The firm reported Q4 net loss per ADS of 38 cents compared to $1 for the same period in 2021.
Nangeng Zhang, CEO of Canaan [Horizontal]
environmental impact of bitcoin mining options (Midjourney/CoinDesk)
TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000 Rigs at Nautilus Facility
The miner also said it expects to reach 5.5 EH/s of computing power across its two sites by early in the second quarter.
environmental impact of bitcoin mining options (Midjourney/CoinDesk)
AI Artwork Bitcoin Mining Sunset (DALL-E/CoinDesk)
Bitcoin Miners Are Starting to Emerge From Brutal Crypto Winter
After several bankruptcies and fire sales, the rally in bitcoin’s price is providing some relief for the miners, although they may not be completely out of the woods yet.
AI Artwork Bitcoin Mining Sunset (DALL-E/CoinDesk)
CDCROP: Core Scientific's Marble facility in North Carolina. (Core Scientific)
Core Scientific Bankruptcy Approves $70M Financing Deal From B. Riley
The judge also indicated he would allow stockholders to form an official committee in the bankruptcy.
CDCROP: Core Scientific's Marble facility in North Carolina. (Core Scientific)
A view of the Suriname river from the Blauwe Berg. The small nation north of Brazil is home to a couple of projects trying to use blockchain to preserve the forest. (-JvL-/Wikimedia Commons, modified by CoinDesk)
ReFi for the People: How Crypto Can Help Local Communities Help Their Ecosystems
A hyper-localized breed of regenerative finance hopes to use crypto not only to improve the world’s carbon footprint but improve lives’ of local communities.
A view of the Suriname river from the Blauwe Berg. The small nation north of Brazil is home to a couple of projects trying to use blockchain to preserve the forest. (-JvL-/Wikimedia Commons, modified by CoinDesk)
CDCROP: A Cipher mining bitcoin farm (Cipher Mining)
Montana Senate Passes Bill Protecting Crypto Miners
The legislation will likely upend a Missoula county zoning law that was one of the first in the U.S. to target the mining industry.
CDCROP: A Cipher mining bitcoin farm (Cipher Mining)
Sabre56 bitcoin mine
Bitcoin Mining Consulting Firm Sabre56 Raises $35M to Build 150MW of Hosting Sites
The company is moving into the hosting business and says it already has a "waiting list" of clients.
Sabre56 bitcoin mine
(Rachel Sun/CoinDesk)
Crypto and Bitcoin Miners Rebrand and Diversify to Survive: A Look at Their New Strategies
Some of these new business lines are more profitable than bitcoin mining – but not all.
(Rachel Sun/CoinDesk)
Moving through HIVE Blockchain's ethereum mining facility in Boden, Sweden, feels like teleporting between the Arctic and a tropical beach every few feet. (Sandali Handagama)
Crypto Miner Hive Blockchain Posts Q3 Loss as Ethereum Merge Cuts Revenue, Mining Margin
The Canadian miner is launching its high-performance computing cloud business, which is 25 times more profitable than mining.
Moving through HIVE Blockchain's ethereum mining facility in Boden, Sweden, feels like teleporting between the Arctic and a tropical beach every few feet. (Sandali Handagama)
CDCROP: Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)
Bitmain Partner BitFuFu Starts Marketplace for Crypto Mining Rig Coupons
The discount coupons issued last year haven't been used because miners don't have the cash to spend on new equipment.
CDCROP: Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)