Bitcoin Miner Bitfarms to Buy Rival Stronghold Digital for $175M in Stock, Debt
The deal comes weeks after Riot Platforms dropped a bid to buy Bitfarms, choosing to overhaul the company’s board before pursuing a takoever again.
crypto mining
Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says
August will be a more difficult month for the miners as the price of bitcoin has dropped about 5% while the network hashrate has started to grow again, the report said.
U.S. Blocks China-Tied Crypto Miners as ‘National Security Risk’ Near Nuke Base
President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security.
British Columbia Court Backs Ban on Crypto Mining in Canadian Province
Conifex, a B.C.-based cryptocurrency mining company, challenged B.C. Hydro’s 18-month moratorium on mining.
Animated Series Futurama Takes Characters to ‘Doge City,’ Mocks Crypto Miners
Popular animated science fiction show Futurama gave a glimpse into what it thinks the future of crypto could look like in its latest episode called “How the West Was 101001” by mocking crypto miners.