Two cryptocurrency mining companies want to make it easier for businesses in North America to mine bitcoin. Minnesota-based Compute North has allocated hosting facilities and 47 megawatts (MW) of…
Tag: mining
Bitcoin Mining Difficulty Hits Record High Amid Miner Revenue Surge – CoinDesk
Bitcoin’s mining difficulty just reached a record high above 20.6 trillion as more people are mining at a larger scale than ever before thanks to ballooning mining revenue and…
Bitcoin Mining Company Riot Blockchain Passes $1B in Market Cap
Riot’s value was less than $50 million when it started mining bitcoin three years ago. Read original at
Bitcoin Miner Riot Blockchain Ends Week Up 50% After Tapping 2-Year Highs – CoinDesk
As bitcoin continues surging toward record highs, bitcoin mining companies ride its coattails. Shares of the publicly traded bitcoin mining company Riot Blockchain rose 50% this week, trading hands…
New Service Matches Solo Bitcoin Miners With Mining Farms – CoinDesk
A first-of-its kind service wants to play matchmaker between big-scale mining facilities and individual miners looking for a hosting setup. Bitcoin mining company HASHR8 just launched its Compass platform,…
Russian Metal Giant’s Tokenization Firm Expands to America – CoinDesk
Atomyze, a tokenization startup by Russian mining and smelting giant Nornickel, is setting up shop in Greenwich, Conn., to sell tokenized metals in the U.S. The company, whose legal…
Riot Blockchain Ends Week Up 29%, Hits 2020 High Ahead of Q2 Earnings Report – CoinDesk
Riot Blockchain, one of the few publicly traded bitcoin mining companies in the U.S., closed trading Friday with its second largest weekly gain since April 2019 ahead of the…
Blockchain Bites: It’s Never Been Harder to Mine Bitcoin – CoinDesk
Bitcoin’s mining difficulty is at a record high, Singapore’s central bank digital currency could find commercial use and Chinese firms are going in on Filecoin. Here’s the story: You’re…
Bitcoin News Roundup for July 13, 2020 – CoinDesk
With BTC mining difficulty reaching a new record high, CoinDesk’s Markets Daily is back with your bitcoin news roundup! The number of bitcoin addresses holding at least 10,000 coins…
Fidelity International Doubles Stake in Bitcoin Mining Firm Hut 8 – CoinDesk
Billion-dollar fund manager Fidelity International has doubled its equity investment in bitcoin mining company Hut 8, bringing its total stake to over 10%. Disclosure The leader in blockchain news,…