Canaan miner revenue up 43% in Q2
For the second quarter of 2023, Canaan's revenue from cryptocurrency mining amounted to $15.9 million, up 43.3% from the previous reporting period.All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
Canaan miner revenue up 43% in Q2
For the second quarter of 2023, Canaan's revenue from cryptocurrency mining amounted to $15.9 million, up 43.3% from the previous reporting period.
Argo Blockchain cuts debt to $72 million
In the first half of the year, the mining company Argo Blockchain posted a net loss of $18.8 million and reduced its debt to $75 million.
Bitcoin mining and DeFi in Uzbekistan: regulator on forthcoming legislation
Vyacheslav Pak, Uzbekistan’s First Deputy Director of the NAPP, outlined forthcoming legislative initiatives concerning mining and financing investment through token offerings.
Laos imposes temporary restrictions on cryptocurrency mining
The Lao state-owned Électricité du Laos (EDL) announced a suspension of electricity supply to cryptocurrency mining companies.
Nodal Power raises $13m for ‘garbage mining’
US company Nodal Power closed a seed round of funding worth $13 million for a project to convert landfill methane into renewable energy, part of which is used for cryptocurrency mining.
Oman opens a $350 million cryptocurrency mining hub
Oman's authorities have opened the second cryptocurrency mining centre in ten months. The Oman Daily Observer reports.
Bitcoin mining difficulty climbs to a fresh all-time high
Bitcoin mining difficulty rose 6.17% after another adjustment, hitting an all-time high of 55.6 T.
Former Jiangxi official Yi Xiao sentenced to life in prison for corruption and cryptocurrency mining
The court sentenced the former Jiangxi province official Yi Xiao to life imprisonment for corruption and supporting cryptocurrency mining operations.
Bitmain to pay compensation if Bitcoin falls sharply
Bitmain, a maker of mining equipment, has launched a volatility-protection mechanism for its clients.
Genesis Digital Assets launches a ‘green’ data centre for Bitcoin mining
Genesis Digital Assets (GDA) expanded its Bitcoin mining capacity in Sweden with the launch of a new data centre.We use cookies to improve the quality of our service.
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