Mining
Key Factors Impacting Bitcoin Market Movement This Week
“All About Bitcoin's” Week in Review panel discusses what to make of this past week's significant markets sell-offs, examining the potential impact of China's continued mining crackdown and India's efforts to ban crypto transactions. Plus, reactions to the iconic Staples Center being renamed as the Crypto.com Arena in one of the biggest naming deal in sports history.
South Korea a Metaverse Hub, NFTs Go From Digital to Physical
Chinese crypto mining hardware manufacturer Canaan reports Q3 earnings. South Korea emerges as a metaverse hub. NFTs start bridging the digital and physical worlds. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Canadian Miner Hut 8 Revenue Surged Over 700% in Q3
Canadian cryptocurrency miner Hut 8's third-quarter revenue was $40 million, rising about 767% from last year and beating the average analyst estimate of $34.8 million. Hut 8 Mining Chief Financial Officer Shane Downey shares insights into the firm's growth and plans. Plus, his take on the impact of Bitcoin's Taproot upgrade and China's crypto crackdown on Hut 8's business operations.
Taproot Goes Live, Hong Kong Crypto Kidnap
Chinese official expelled over crypto mining. Bitcoin's Taproot upgrade goes live. Hong Kong police make arrests after crypto kidnapping. We'll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Compass Mining CEO on Launching Resale Market for Bitcoin Mining Equipment
Compass Mining, the bitcoin mining service provider, has launched a secondary resale market for retail mining customers to sell their bitcoin mining hardware. CEO Whit Gibbs shares insights into the launch and the impact of increasing hashrate on his business.
US House Passes Unamended Infrastructure Bill to President Joe Biden
The U.S. House of Representatives passed a $1.2 trillion bipartisan infrastructure bill with a controversial cryptocurrency tax reporting requirement, which is now awaiting President Joe Biden's signature. Executive Director of crypto trade group Blockchain Association Kristin Smith discusses the possible benefits and consequences of the bill for miners, crypto holders, and their taxes.
Why Miners Are Accumulating Bitcoin for Collateral
Elite Mining CEO Justin Podhola discusses how his firm is accumulating bitcoin as collateralization amid an emerging mining industry trend. In what situation would miners unravel their crypto holdings and begin putting them back on exchanges? Plus, an update on the hashrate and outlook for bitcoin.
South Korea Crypto Debate Heats Up, Bitcoin Mining ETF Starts Trading
South Korea’s crypto tax debate heats up. Bitcoin mining ETF begins trading on Chi-X. Cream Finance suffers another hack. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
