BTC Miner Core Scientific faces cash crunch, lost $1.7 Billion in 2022
The Miner suffered a net loss of $862 million in the second quarter, followed by a net loss of $434.8 million over the third quarter.
Tag bitcoin mining
BTC Miner Iris Energy Cut its Mining Hardware After $108 Mln Loan Default
Iris states its mining capacity remains at 2.4 EH/s which includes 1.1 EH/s of hardware in operation and around1.4 EH/s of rigs in transit or pending deployment.
EU Targets Bitcoin Mining Sector With Upcoming Law Draft
Draft legislation that would restrict the bitcoin mining market and promote the use of proof-of-stake based cryptocurrencies is about to be released by the EU.
Kazakhstan advocates creating a legal framework for crypto
The Kazakh government wants to implement a specific legal framework for cryptocurrencies.
