Soaring energy costs, low Bitcoin prices, and high mining difficulty mean miners are turning to lenders, like Binance, to stay afloat.

Binance Pool is the latest entity to join the growing ranks of alternative lenders looking to provide capital to the distressed mining industry.

Cryptocurrency exchange Binance has announced a $500 million lending pool for Bitcoin (CRYPTO: BTC) miners as the industry gets stifled by energy costs, low Bitcoin prices and higher-than-ever ...

Binance, the world’s largest cryptocurrency exchange by volume, today announced the launch of a $500 million lending pool for bitcoin miners to assist companies during an industry downturn led ...

Igor Runets, CEO of the Bitriver mining farm in Russia, believes launching a mining pool is a logical step for a crypto exchange: “Both these businesses are software-based, so no additional ...

Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in ...

Bitcoin mining is all about updating bitcoin transactions recorded in the blockchain. Generally, mining is done by using powerful computers that are known as ASICs.

Binance is looking to grab more bitcoin mining hashrate to its pool in Russia by partnering with the region's largest mining co-location provider BitRiver.