Block Reward Mining

BTC miner Core Scientific to shut down 37,000 mining rigs owned by Celsius Network
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11 January, 2023

BTC miner Core Scientific to shut down 37,000 mining rigs owned by Celsius Network

Core Scientific has been in dispute with the bankrupt Celsius Network over the mining rigs, with the lender owing $7.8...
Compass Mining wins $1.5M settlement against hosting firm Dynamics Corp
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4 January, 2023

Compass Mining wins $1.5M settlement against hosting firm Dynamics Corp

Compass Mining filed the lawsuit in June after Dynamics terminated a hosting agreement with the miner—a rare win in a...
Chinese Communist Party official pleads guilty to aiding BTC miners
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4 January, 2023

Chinese Communist Party official pleads guilty to aiding BTC miners

Xiao Yi was the CCP Secretary in the City of Fuzhou from ‘18 to ‘21, and during that time, he...
Argo Blockchain sells Helios mining facility for $65 million to Galaxy Digital
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30 December, 2022

Argo Blockchain sells Helios mining facility for $65 million to Galaxy Digital

Argo sold the facility for $65 million while also securing an extra $35 million loan from the Mike Novogratz-owned firm...
Blockware sued by BTC mining client for fraud
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30 December, 2022

Blockware sued by BTC mining client for fraud

London-based Faes & Company claims that Blockware lied about owning hosting facilities and BTC mining machines' uptime and wants $250,000...
Understanding Bitcoin energy consumption
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29 December, 2022

Understanding Bitcoin energy consumption

Proof of Work gives a trustless model for resilience and security, including identifying assets and preventing fraud and risk, protecting...
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