Bitcoin (BTC) News
Marathon Digital Lost $687 Million In 2022, Q4 Revenue down 58%
Bitcoin miner Marathon Digital posted a loss of $687 million for the year 2022. The firm’s fourth-quarter revenue fell by 58% to just $28.4 million. The...
Core Scientific To Send 27k Mining Rigs To NYDIG To Settle $38.6 Million Debt
The NYDIG has agreed to settle a debt of $38.6 million owed by Core Scientific Inc. The crypto mining firm will send 27,403 crypto mining...
BlockFi Gets The Nod To Accept Bids For Crypto Mining Business
The bankruptcy court has approved BlockFi’s request to set up the auction for its mining equipment. Potential buyers will have till 20 February to submit...
Ban on Crypto Mining in Residential Areas Proposed in Russia
Advisors to the Kremlin have suggested that home crypto mining should be banned in Russia, or in some of its regions. The stated...
Binance to Offer $500 Million Worth of Loans to Crypto Mining Industry
Cryptocurrency exchange Binance has set out to support crypto miners through a lending program established by its mining pool. Presenting the initiative this...