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Tag: Mining Costs

Bitcoin’s Hashrate Plunges

Bitcoin hashrate, May 2021

Bitcoin’s hashrate has fallen by some 33% from 185 exahashes to 124 exahashes per second just a month after it fell 40% to then recover. The plunge last month was...

Silvercorp Reports Net Income of $46.4 Million, $0.27 per Share, and Cash Flow From Operations of $85.9 Million for Fiscal 2021

Trading Symbol:  TSX: SVMNYSE AMERICAN: SVM VANCOUVER, BC, May 20, 2021 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM)...

Turquoise Hill announces financial results and review of operations for the first quarter of 2021

MONTREAL, May 12, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today announced its financial results for the period...

OKEx Insights-CryptoCompare Report: Institutional Investors Exhibit Increased Interest in Ethereum

The second-largest cryptocurrency in terms of market cap, Ethereum is creating history as its value hovers around the recently found all-time high. The growth trend exhibited by ETH since mid-2020 has caught the attention of crypto investors, especially with speculations of its value rising much higher following the ETH 2.0 upgrade and its applications in […]

Agnico Eagle Reports First Quarter 2021 Results – Record Quarterly Gold Production; Drilling Identifies Potentially Significant Extension to the East Gouldie Zone at Odyssey;...

(All amounts expressed in U.S. dollars unless otherwise noted) Stock Symbol: AEM (NYSE and TSX) TORONTO, April 29, 2021 /PRNewswire/ - Agnico Eagle Mines Limited...

Bitfarms estimates Argentinian facility will reduce BTC mining costs by 45%

Bitfarms estimates it could have mined BTC for $4,125 each during Q4 2020 if its forthcoming Argentinian facility was operational.

The Hard Truth About Bitcoin’s Energy Consumption

For some, Bitcoin promises a new financial future. Others say it’s an environmental disaster. The answer lies somewhere in the middle.

Equinox Gold Announces Positive Feasibility Study for Castle Mountain Phase 2 Expansion

Castle Mountain achieved Phase 1 commercial production in November 2020, with expected production of 30,000 to 40,000 oz of gold annually. The current...

Survival of the fittest: A look at how hash rate tokens compete with existing mining products and services

If you are a cryptocurrency and blockchain industry professional, the most commonly heard term would be computing power or hash rate, which is a...

Amended and Restated NI 43-101 Technical Report on the Mineral Resource Estimates Crawford Nickel-Cobalt Sulphide Project: Main Zone (Update) and East Zone (Initial) Deposits

TORONTO, Jan. 18, 2021 /PRNewswire/ - Canada Nickel Company Inc. (TSXV: CNC) ("Canada Nickel" or the "Company") is pleased to announce the filing on...

Visualizing China’s Dominance in Rare Earth Metals

Gold is highly revered for its great returns and resilience during economic downturns, but during gold bull markets there’s something that regularly provides...

Why Gold Mining Stocks Outperform Gold in Bull Markets

Gold is highly revered for its great returns and resilience during economic downturns, but during gold bull markets there’s something that regularly provides...

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