A total of 12 publicly traded bitcoin mining companies reported first quarter financial earnings, with 10 of them raising nearly $2 billion through equity financing activities.
JinseFinanceEthiopia has become one of the world's largest recipients of Bitcoin mining machines. This article analyzes Ethiopia's crypto tax system, especially the types and rates of taxes that mining companies may be subject to.
JinseFinanceAs long as POW does not disappear, miners will always find ways to survive and even make enough money. Just like Wu Jihan, who has experienced the peak, turmoil, palace fighting, and low-key behavior, he can still flexibly continue to contribute the Chinese people's strength to the mining industry.
JinseFinanceAccording to a recent Bloomberg report, more than 6,000 outdated Bitcoin mining equipment in the United States will be updated and resold to miners around the world.
JinseFinanceSingaporean ex-director Lek Tai Yong of Frontier Digital Asset Management faces charges for misappropriating $270,400 and falsely reporting a robbery. Eddie Ong Wei Xian, also a former director, is charged with abetting the crime.
BerniceSome miners have held onto the bitcoin they mined, opting instead to finance operations with debt and other capital, which works really well – until it doesn’t.
CoindeskCompute North had filed for Chapter 11 bankruptcy in September.
Crypto PotatoSam Bankman-Fried stated that crypto miners do not fit into the company’s core strategy and there is no synergy from an acquisition perspective.
CointelegraphAs the market inches towards what looks to be a bear market, bitcoin investors are looking towards other blockchain avenues ...
BitcoinistThe company forecasts it will generate up to $98 million in annual revenue.
Cointelegraph