bitcoin mining

CDCROP: environmental impact of bitcoin mining options (Midjourney/CoinDesk)
Startup Arkon Energy Raises $28M to Further Expand Into Bitcoin Mining
The Australian company also bought Hydrokraft AS, a renewable energy-based data center in Norway with up to 60MW of power capacity.
CDCROP: environmental impact of bitcoin mining options (Midjourney/CoinDesk)

CDCROP: Mining rig (Getty Images)
Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low
The mining firm has a liquidity position of $4.5 million and outstanding loan principal of $138.5 million.
CDCROP: Mining rig (Getty Images)

CDCROP: Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)
Bitcoin Miner Bitfarms Pays Down $27M of Debt
The miner is trying to improve its liquidity during the crypto market downturn.
CDCROP: Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)

Bitcoin mining rigs at Kryptovault's facility in Hønefoss, Norway. (Image credit: Eliza Gkritsi/CoinDesk)
Bitcoin Miner Cathedra Slashes Payroll Costs by Two-Thirds With Job, Salary Cuts
The Canadian company has also been liquidating bitcoin.
Bitcoin mining rigs at Kryptovault's facility in Hønefoss, Norway. (Image credit: Eliza Gkritsi/CoinDesk)

Antminer bitcoin mining rigs displayed at Consensus 2021 (Christie Harkin/CoinDesk)
Canaan Q3 Net Income Drops 88% as Bitcoin Mining Declines
Negative market dynamics have caused a reduction in net income, revenue and computing power sold in the third quarter of this year.
Antminer bitcoin mining rigs displayed at Consensus 2021 (Christie Harkin/CoinDesk)

CDCROP: The White House South Lawn, Washington DC, America (Joe Daniel Price/Getty Images)
US Midterm Elections to Set the Tone for Bitcoin Miners' Future
The midterm elections are key to determining the industry’s future, which is increasingly under attack by environmental advocates.
CDCROP: The White House South Lawn, Washington DC, America (Joe Daniel Price/Getty Images)

A close-up of one of Riot's mining rigs. (Riot Blockchain)
Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 Earnings
Riot said its revenues declined as it powered down its Texas operations amid surging electricity demand.
A close-up of one of Riot's mining rigs. (Riot Blockchain)

CDCROP: A bitcoin mining farm
Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
The company has said it will default on the debt Tuesday unless it can reach a restructuring agreement with its lender.
CDCROP: A bitcoin mining farm

Aside from mining ethereum, the Boden HIVE Blockchain facility is also home to ASICs for mining bitcoin. (Sandali Handagama)
Bitcoin Miner Hive Blockchain Holds $68M of BTC, Has No Debt Costs on Equipment
Hive Blockchain is bucking the bearish mining industry trend, holding $68 million on BTC while producing 307 bitcoin in October.
Aside from mining ethereum, the Boden HIVE Blockchain facility is also home to ASICs for mining bitcoin. (Sandali Handagama)

CDCROP: Wolf Hollow Power Plant in Texas
RETRACTION: Compute North Did Not Pay Execs $3M on the Day It Declared Bankruptcy
The filing states the money was paid over the course of the year ended Sept. 22, not that day as CoinDesk reported earlier based on a mistaken reading of the document.
CDCROP: Wolf Hollow Power Plant in Texas