Crypto Mining

August 26, 2023

Dropbox ditches unlimited storage offering, blaming crypto cloud miners

The storage platform turned to metered storage after discovering its advanced plan was being used by some for crypto mining and other resource-intensive tasks.   Dropbox, […]
July 28, 2023

Crypto mining hardware retailer Phoenix Technology mulls IPO in UAE

A mainstream media report highlighted that the mining hardware firm Phoenix Technology is planning to go public in Abu Dhabi, UAE.   Phoenix Technology, a provider […]
July 13, 2023

Crypto miner Hive Digital drops ‘blockchain’ from name amid pivot to AI

Hive made the rebrand to reflect its “evolving focus” on revenue opportunities in AI, cloud computing and GPUs.   Crypto mining company Hive Blockchain has been […]
July 06, 2023

UAE emerges as a pro-Bitcoin mining destination in the Middle East

The United Arab Emirates’ combined Bitcoin mining capacity is estimated to be around 400 megawatts or 4% of Bitcon’s global hash rate.   The United Arab […]
May 30, 2023

Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker

According to Rep. Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners.   […]
May 15, 2023

BTC miner Rhodium faces lawsuit over alleged $26M in unpaid fees: Report

Crypto mining firm Riot Platforms is seeking to terminate “certain hosting agreements” with Rhodium Enterprises and be relieved of refunding any outstanding power credits.   Crypto […]
January 31, 2023

BlockFi gets court nod to sell crypto mining assets

BlockFi reportedly wants to get bids in as quickly as possible, to make the most of the current market conditions.   Bankrupt crypto lender BlockFi has […]
January 25, 2023

Blockstream raises $125M to finance expanded Bitcoin mining operations

Bitcoin miners came under significant pressure during the bear market; however, Blockstream said institutional hosting customers were more “resilient.”   Digital infrastructure company Blockstream has raised […]
December 22, 2022

British Columbia to halt new power connections for crypto miners

British Columbia cites prioritizing clean energy and job creation as the top reasons for halting cryptocurrency mining operations.   A government power company in British Columbia, […]

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