Mining

Riot Blockchain Sees 2022 as Year of Consolidation in Bitcoin Mining Sector

Riot Blockchain Sees 2022 as Year of Consolidation in Bitcoin Mining Sector

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part …

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Square is considering building Bitcoin miners, says CEO Jack Dorsey

Jack Dorsey’s Block commits to build an ‘open’ bitcoin mining ecosystem

advertisement Block, the payments-focused company formerly known as Square, is officially throwing its hat into the bitcoin mining game. Dorsey initially teased such a move last fall, highlighting a possible bid “based on custom silicon and open source for individuals and businesses worldwide.” Now, statements from Block executives as well as recent job postings offer …

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Bitcoin mining gear hits the market in Kosovo as government announces temporary mining ban

Bitcoin mining gear hits the market in Kosovo as government announces temporary mining ban

From human conflict to energy crunches, a whole host of factors can trigger major panic and sell-offs in the crypto sector. While all eyes were on Kazakhstan’s Bitcoin miners, another country is now putting its crypto miners under the microscope. Don’t say the E-word Kosovo, a Balkan state in Southeast Europe, was in the public …

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Bitcoin mining stocks halve as ‘turbo-charged’ thesis plays out

Bitcoin mining stocks halve as ‘turbo-charged’ thesis plays out

Just as the price of bitcoin has steadily declined from highs of near $70,000 to around $42,000 today, so too have the share prices of the biggest crypto mining companies fallen. But the decline of those mining stocks — which experts believe represent a kind of turbo-charged proxy for the price of bitcoin — has …

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