Mining

Cipher Mining seeks to raise up to $250 million in stock market offering

Cipher Mining seeks to raise up to $250 million in stock market offering

New York-based Cipher Mining aims to raise up to $250 million in a stock market offering of its common stock, a Sept. 21 regulatory filing shows. The move comes as bitcoin miners struggle to make ends meet in a tough revenue environment characterized by high electricity costs, depressed bitcoin prices and mining rigs depreciating …

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

Stronghold Digital Mining pushes back Q2 earnings due to ‘significant announcement’

Stronghold Digital Mining pushed back its second-quarter earnings conference call from this afternoon to August 15, the company said on Thursday in a press release. It is now the second mining company to delay its earnings release this week.  “We’re making a significant announcement that needed a day or two more to finalize,” a …

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New York Senate passes moratorium on proof-of-work mining

New York Senate passes moratorium on proof-of-work mining

advertisement The New York Senate this morning passed a bill that imposes a moratorium on new proof-of-work crypto mining operations in the state. The news means that all new proof-of-work mining operations that rely on carbon-based fuel to power their activities will face a two-year ban. According to the bill, the State of New York …

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