MINING
The process that results in the release of certain amounts of a particular digital currency into its circulating supply. Mining is often the process that governs the verification of transactions and the addition of blocks to a blockchain.
Marathon Digital to Raise $500M in Convertible Senior Notes
Marathon Digital Holdings, a Nasdaq-listed Bitcoin mining company has announced its plans to raise half a billion dollars as a debt offering via convertible senior notes.
China's CCP Official Expelled for Violation Crypto Mining Ban Provisions
A former member of the Chinese Communist Party’s (CCP) advisory body has been expelled from the party in what appears to be the first full-blown sanction of an official who has touched Beijing’s nerve against cryptocurrency mining.
Ethereum’s Open Interest Surges to Historic Highs of $13B
Ethereum's open interest has been rising in tandem with the price based on their strong correlation.
Crypto Market Capitalization Inches Closer to $3 Trillion
The cryptocurrency market capitalization is a stone’s throw away from the $3 trillion mark as it stands at $2.96 trillion.
Ethereum’s Top 5 Mining Pools Account for 65.4% of ETH Blocks
Ethereum miners have cashed in the most in the crypto space so far this year, even surpassing Bitcoin miners.
Bitcoin’s 30-Day MVRV Shows BTC UnderBought
Bitcoin’s 30-day MVRV, measuring the returns of 30-day trading addresses, shows BTC is underbought.
Marathon Digital Shares Soars to 6-Month High Drawing on Sustained BTC Mining Operations
The shares of Nasdaq-listed American blockchain mining firm Marathon Digital have printed its highest price record in 6 months as the firm unveiled its Bitcoin mining performance of October.
Bitcoin Mining Experiences 8th Consecutive Difficulty Since China’s Ban
Even though miners have found the right footing by relocating to other areas like the United States, the eighth consecutive difficulty is being witnessed.
Bitcoin Miners Have Transformed to Holders and Buyers Since 2020
Bitcoin miners have emerged as notable holders and buyers in the crypto space, which signifies a behavioral change.
The First Crypto Miner ETF Unveils in Australia
Australian Bitcoin miner Iris Energy applies for IPO on the Nasdaq. The stock code is "IREN". Reportedly, $100 million has been raised.