Bitcoin Miner

According to the lawsuit, Gryphon transferred bitcoin valued at $500,000 belonging to its business associate to an individual posing as the CFO of Sphere 3D. Sphere 3D (ANY), a company engaged in Bitcoin mining, has filed a lawsuit against Gryphon Digital Mining for not safeguarding $500,000 worth of its Bitcoin…

Canadian-based cryptocurrency mining company Bitfarms has received written notification from the Nasdaq Stock Exchange over compliance deficiencies. The letter, sent on December 13, 2022, before the official disclosure today, notes that the company’s stock (BITF) has failed to maintain the minimum requirement for continued listing on the Nasdaq trading platform. BITF Closes Below $1 for 30 Consecutive Days

The bear market has led many Bitcoin miners to sell their rigs and equity to stay financially afloat after exhausting their BTC reserves. Bitcoin miners continue to battle to keep their operations profitable as the price of BTC remains suppressed due to the ongoing bear market. …

Bitmain’s founder and former CEO, Jihan Wu, is setting up a fund worth $250 million to buy assets belonging to distressed Bitcoin miners. Chinese billionaire, founder and former CEO of bitcoin mining company of Bitmain, Jihan Wu, is looking to set up a $250 million fund to buy assets from…

Summary: Bitcoin miners sold 6,200 BTC in July, less than half of what they sold in June. Bitfarms sold 1,623 BTC in July despite only producing 500 BTC. The overall decline in the selling pressure comes amid a 19% increase in the bitcoin value. A new report from Arcane Research…

This is one of the most important narratives to consider right now. Bitcoin mining is not profitable at this point in time. In light of this, there is likely to be torrential spot sells to recoup costs. Welcome to this weeks, Learn2Earn, lets dive into the topic! As always, there…

Immediate legalization crypto mining 2022: Russian Ministry of Energy calls for immediate legalization of cryptocurrency mining- Russian Deputy Energy Minister Evgeny Grabchak recently highlighted the need to regulate cryptocurrency mining during the first national conference of legal bitcoin miners in Russia held in Irkutsk. Immediate legalization crypto mining 2022 Saying that it is “strange” that…

The last years haven’t been stable for most Bitcoin miners worldwide. Since its beginning, Bitcoin (BTC) found an epicenter in China, and the miners weren’t an exception to this. However, the government in the Asiatic giant didn’t let the cryptocurrencies thrive on their territory. …

Bitcoin (BTC) and crypto mining may soon be regulated in Russia, but that hasn’t stopped the country’s government from devising a means for crypto miners to sell their tokens even if the country starts cracking down on transactions. According to reports, President Vladimir Putin intervened directly to break the long standoff…