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bitcoin mining

(Yuichiro Chino/Getty Images, modified by CoinDesk)
Why Bitcoin’s Bear Market Hashrate Surge May Not Be Bullish
Hashrate and difficulty are both near all-time highs.
(Yuichiro Chino/Getty Images, modified by CoinDesk)

Sid Powell, CEO of Maple Finance (Maple Finance)
Struggling Bitcoin Miners Are Flocking to Maple Finance’s $300M Lending Pool
A pipeline of 10 mining firms will make up the first cohort of borrowers, with some 25 on the waitlist.
Sid Powell, CEO of Maple Finance (Maple Finance)

CDCROP: Core Scientific's Marble facility in North Carolina. (Core Scientific)
Core Scientific Again Raises Bitcoin Mining Hosting Rates
The firm expects power costs to decline in the future, which will be reflected in its hosting rates.
CDCROP: Core Scientific's Marble facility in North Carolina. (Core Scientific)

CDCROP: Core Scientific's Marble facility in North Carolina. (Core Scientific)
Wall Street Analyst ‘Pulling the Plug’ on Bitcoin Miners Owing to Bear Market Woes
DA Davidson analyst Chris Brendler downgraded Core Scientific and Argo Blockchain from buy to neutral and said the bank has grown “increasingly concerned” about the miners.
CDCROP: Core Scientific's Marble facility in North Carolina. (Core Scientific)

mining rigs
Bitcoin Miner Sphere3D Downsizes Deal for Machines With BitFuFu
Sphere 3D is the latest bitcoin mining firm to try to cut capital expenditures amid the crypto bear market.
mining rigs

CDCROP: AI Generated Art Artwork Computer Servers under water submerged pool (Midjourney/CoinDesk)
Binance to Launch Cloud Mining Business in November
The crypto exchange's hashrate pool is pushing into the troubled crypto mining industry.
CDCROP: AI Generated Art Artwork Computer Servers under water submerged pool (Midjourney/CoinDesk)

mining rigs
A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes
The situation is further disrupting the economics of a sector already hit by low crypto prices and high energy costs.
mining rigs

Stronghold Digital Mining CEO Greg Beard (right) and Co-Chairman Bill Spence (left).  (Aaron Kotowski/Stronghold Digital Mining)
Bitcoin Miner Stronghold Digital Bolsters Balance Sheet by Cutting Costs, Slashing Debt by More Than 60%
Stronghold won't have to pay up to $25 million of profit share to Northern Data, after ending bitcoin mining rig hosting deal.
Stronghold Digital Mining CEO Greg Beard (right) and Co-Chairman Bill Spence (left).  (Aaron Kotowski/Stronghold Digital Mining)

Bitcoin miners illustration (Midjourney/CoinDesk)
Binance Pool Starts $500 Million Fund to Support Bitcoin Mining
The entity is the latest to join the growing ranks of alternative lenders looking to provide capital to the distressed mining industry.
Bitcoin miners illustration (Midjourney/CoinDesk)

CDCROP: CleanSpark's immersion cooling facility in Norcross, Georgia. (CoinDesk/Eliza Gkritsi)
Crypto Hardware Maker Fabric Systems Raises $13M in Seed Funding
Skype co-founder Jaan Tallinn's Metaplanet was among the investors.
CDCROP: CleanSpark's immersion cooling facility in Norcross, Georgia. (CoinDesk/Eliza Gkritsi)