mining

Ceibo unearths $30M Series B to extract more copper out of existing mines

This Chilean startup used the side door to break into the mining industry, which is slow to adopt new technologies.

Bitcoin miner Argo to avoid bankruptcy with $100M deal from Galaxy Digital

Galaxy plans to acquire Argo’s bitcoin mining facility Helios for $65 million and provide a $35 million loan amid the miner’s restructuring.

Mercedes-Benz partners with Canadian mining company for CO2-neutral lithium hydroxide for EVs

Mercedes-Benz AG will source carbon-neutral lithium hydroxide to build batteries for electric vehicles from a Vancouver-based mining startup. Starting in 2026, the agreement with Rock Tech Lithium wil

Ideon Technologies digs up $16M Series A to use particle physics to find critical minerals

The startup’s technology promises to significantly slash some of the the time and expense of mineral exploration while also allowing mining companies to be more targeted in their extraction efforts.

Now that the Ethereum Merge is behind us, what’s next?

Although the Merge was a huge feat, there are plenty more upgrades planned for the Ethereum blockchain down the road.

Miners flee to Ethereum Classic as ‘The Merge’ arrives

The Merge, the long-awaited software upgrade that promises to make Ethereum transactions a lot greener, is expected to put miners out of jobs. But miners are not quitting outright. With big bucks inve

‘The Merge’ could be good news for China’s Ethereum enthusiasts

When China banned cryptocurrency mining and trading, many saw it as putting an end to a burgeoning industry in the world’s second-largest economy. As it turned out, the country’s crypto i

Which Ethereum-focused startups will survive the Merge?

We asked a range of crypto market players for their thoughts on the Merge and which Ethereum-based startups may hit the ground running.

Manchin’s ultimatum may turn the US into a battery powerhouse

“You want to get your $7,500, then build this industry.”

Investment in infrastructure is critical for crypto startups, not a ‘nice to have’

It's said that the best investment opportunity in a gold rush is the business selling the picks and shovels. But an even better place to invest is the land all those shops and miners need to rent.

Bitmain co-founder welcomes crypto regulation to restore market confidence

The collapse of Three Arrow Capital and the counterparties wrapped in the crypto hedge fund’s troubles have drawn questions about the soundness of the heady digital asset investment space. For t

Impossible Mining is combing the seafloor for battery metals

Impossible Mining CEO Oliver Gunasekara pulled me aside at last week’s TechCrunch Climate event with a fascinating pitch. Turns out there are a lot of valuable metals on the ocean floor — material

Iran to cut electricity to authorized crypto miners

Iran’s relationship with the crypto mining sector is a love-hate one. The government is again restricting crypto mining activity as it tries to ease the strain on the country’s power suppl

Barely outpacing snails, US lawmakers ponder regulating crypto

The United States government took a long-anticipated first step toward comprehensive regulatory clarity for the digital asset space this week in the form of a new bipartisan Senate bill. As much as cr

New York Senate passes moratorium to ban carbon-based crypto mining

The New York Senate has passed a bill that bans crypto mining operations that use carbon-based fuel to power their facilities. The bill specifically is targeting proof-of-work mining, which is one of

Can recurring revenue financing drive growth in a turbulent market?

As the saying goes, “Everyone is selling something.” Sometimes, we forget that when it comes to fundraising. The trick is to sell something investors really want.

Salty, subterranean water could relieve world’s lithium shortage

Today’s lithium mines can't hope to meet skyrocketing demand. Startups like Lilac Solutions and Vulcan Energy Resources have leaped into action with new, more efficient lithium extraction processes

Musk talks Tesla demand, EV startups and scooters in expansive interview

Elon Musk weighed in on Tesla, SpaceX and his multitude of other companies — including that social media business he’s trying to purchase — during a wide-reaching 80-minute interview Tuesday

Why a bipartisan embrace of crypto might never touch Bitcoin

Hey everyone, and welcome back to Chain Reaction In our Chain Reaction podcast this week, Anita and I chatted with Sequoia Capital’s Shaun Maguire on why gamers are skeptical of NFTs and where d

Bitcoin miners say energy efficiency and regulatory certainty are crucial for the industry’s success

Bitcoin mining is often criticized as an imperfect process due to its energy expenditure, but major firms in the industry are trying to maximize efficiency and sustainability while seeking regulatory
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