The Vancouver, British Columbia, based crypto miner said it produced 1,768 bitcoins last year, while mining 41,966 ether, the native token of Ethereum, a portion of which were sold to pay for chip upgrades. The miner also produced 46,209 ETC, all of which it sold in 2021. Source link … [Read more...] about Hive Blockchain Held Onto All the Bitcoin It Mined in 2021, While Selling Some Ether
Mined
Argo Blockchain Monthly Revenue Drops Even as It Mined More Bitcoins
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 announcement Friday.Mining revenue, however, fell to £7.82 million … [Read more...] about Argo Blockchain Monthly Revenue Drops Even as It Mined More Bitcoins
Core Scientific Mined Over 1K Bitcoin in December, Nearly 6K in Total in 2021
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 comfortably exceeds those of Bitfarms and Marathon Digital who both made … [Read more...] about Core Scientific Mined Over 1K Bitcoin in December, Nearly 6K in Total in 2021
Bitfarms and Marathon Digital Both Mined Over 3K BTC in 2021
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 the year, worth $151.8 million … [Read more...] about Bitfarms and Marathon Digital Both Mined Over 3K BTC in 2021
Crypto Miner Hive Sees More Bitcoin, Less Ether Mined in Third Quarter
“This drop in the production of ether in the current quarter compared to the prior quarter will be offset partially by the average price of ether increasing by 45%, and the higher bitcoin mined in this quarter boosted by the increase in the price of bitcoin in the quarter of over 35%,” Hive said. Source link … [Read more...] about Crypto Miner Hive Sees More Bitcoin, Less Ether Mined in Third Quarter