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Argo Blockchain, the sole crypto miner listed on the London Stock Exchange (LSE), said mining revenue fell 5.7% in December as a declining price for bitcoin more than offset an increase in production.The London-based company mined 214 bitcoins last month, taking the total for 2021 to 2,045, according to an
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Digital asset mining company Core Scientific mined a total of 1,044 bitcoin in December, taking its total for the year to 5,769.As of the end of the year, Core Scientific held 5,296 BTC (approximately $248 million at current prices), according to an announcement Wednesday.The total of 5,769 BTC in 2021
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Bitfarms (BITF) and Marathon Digital (MARA), two of the largest publicly-traded bitcoin miners, each announced on Monday that they had mined over 3,000 bitcoin in 2021.Canadian-based Bitfarms produced 3,452 bitcoin for the year, while U.S.-based Marathon mined 3,197 bitcoin.Bitfarms’ total holdings grew to over 3,300 bitcoin as of the end of
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Hive Blockchain expects to mine more bitcoin in the fiscal third quarter compared with the second, while ether mining will decline due to increased competition, the company said in a statement.Hive, based in Vancouver, Canada, said it will mine more bitcoins in the quarter ending Dec. 31 than the 656
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Bitcoin has been the leading choice for investors in the crypto space being the first of its kind. However, there is more to why the cryptocurrency is so attractive for investors. The limited supply of the digital asset has secured its reputation as a deflationary asset, making it a great
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Prices have mirrored the increasing supply as demand for newer bitcoin heats up. The asset exchanged hands for less than $0.10, when 10% of the supply was mined in early 2010, and hovered over $7.50 when 50% of the supply was mined in December 2012. As of press time, it
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Mining company Bitfarms said it mined 339 bitcoins in November, down from 343 in October, as network difficult increased.The Nasdaq and Toronto Stock Exchange-listed firm reported Wednesday having mined 3,089 BTC in the first 11 months of the year.Bitfarm said it was able to maintain production levels due to the
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Wright, for his part, maintains that he and Dave never mined or “created” bitcoin together, despite a slew of emails, chat messages, and legal documents presented by the plaintiffs where Wright tells numerous people, including Dave’s friends and family and the Australian authorities, that he and Dave had a joint
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Electric services provider Ameren Corporation announced Monday that it has successfully mined upward of 20 Bitcoin (BTC) using excess energy generated by one of its coal-based power plants — the Sioux Energy Center in West Alton, Missouri.While the company set up the data center used to mine the coins back
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BusinessThe bitcoin mining firm reported a preliminary net loss of $16 million to $19 million for the quarter ended Sept. 30.By Josh FinemanOct 4, 2021 at 2:14 p.m. UTCUpdated Oct 4, 2021 at 2:15 p.m. UTCGreenidge Generation mining facility (Caleb Parker) Original Source
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