The Quarterly Earnings of Miner Maker Canaan Fell by 90% in Q3
Bitcoin miner maker Canaan posted a net profit of $8.6 million in the third quarter, which is 90% less than in the previous period.
Iris Energy Receives $103M Default Notice
Mining company Iris Energy has notified the US Securities and Exchange Commission (SEC) that two of its divisions received default notices on a total debt of $103 million.
Miner Compute North Sells $5M in Assets to Former Lender
Generate Capital has recently acquired two data centers of provider of infrastructure solutions for cloud mining Compute North for $5 million.
Moldova Bans Crypto Mining Due to Energy Crisis
The Commission for Emergency Situations of Moldova has recently introduced a number of measures to save electricity during the crisis and one of them affects the cryptocurrency mining industry.
Bitcoin Mining Difficulty Hits a New Record
The difficulty of mining BTC has increased by 3.44%, to a new high at around 36.84 T.
Binance Pool Unveils a $500M Fund to Support Crypto Miners
Binance Pool has recently announced that it has created a $500 million fund to provide debt financing to struggling crypto miners.
Kazakhstan Greenlights Crypto Regulation and Mining Bills
The lower house of Kazakhstan’s parliament yesterday approved in the first reading five bills regulating the issuance and circulation of cryptocurrencies in the country.
