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Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm
2.9.2024
Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with...
Bankrupt Bitcoin miner Rhodium gets court approval for loan in BTC or USD
31.8.2024
The company was authorized to choose between receiving $30 million or 500 Bitcoin loan from Galaxy Digital
Bankrupt Bitcoin miner Rhodium gets court approval for loan in BTC or USD
31.8.2024
The company was authorized to choose between receiving a $30 million or a 500 Bitcoin loan from Galaxy Digital
Crypto Biz: Telegram and OpenSea on authorities’ radar
30.8.2024
This week’s Crypto Biz explores Pavel Durov’s arrest and consequences for Telegram, Nvidia’s earnings results, OpenSea’s Wells notice, Rhodium’s bankruptcy, BlackRock’s new crypto ETF and SxT Labs’ fundraising
Crypto Biz: Telegram and OpenSea on authorities’ radar
30.8.2024
This week’s Crypto Biz explores Pavel Durov’s arrest and consequences for Telegram, Nvidia’s earnings results, OpenSea’s Wells notice, Rhodium’s bankruptcy, BlackRock’s new crypto ETF and SxT Labs’ fundraising
Bitcoin miner Rhodium files for bankruptcy in Texas court
26.8.2024
Rhodium’s debts range between $50 million and $100 million, while its total assets are estimated between $100 million and $500 million
Bitcoin miner Rhodium files for bankruptcy in Texas court
26.8.2024
Rhodium’s debts range between $50 million and $100 million, while its total assets are estimated between $100 million and $500 million
Riot subsidiary Whinstone US sues former JV partner over revenue flow
23.7.2024
The partners at the Texas facility had troubled relations almost from their start in 2020
Riot subsidiary Whinstone US sues former JV partner over revenue flow
23.7.2024
The partners at the Texas facility had troubled relations almost from their start in 2020
BTC miner Rhodium faces lawsuit over an alleged $26M in unpaid fees: Report
14.5.2023
Crypto mining firm Riot Platforms seeks to terminate “certain hosting agreements” with Rhodium and requests exemption from any owed power credits to the counterparty
Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees
12.5.2023
Participation in demand response programs in Texas are at the core of a disagreement between the two mining firms
Bitcoin Miner Rhodium Going Public Through Reverse Merger With SilverSun Technologies
29.9.2022
Rhodium postponed a $1.7 billion IPO back in January
Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturn
29.9.2022
While bitcoin is down more than 72% from the crypto asset’s all-time high, bitcoin mining operations are expanding at a rapid pace during the downturn. On Tuesday, the bitcoin miner Cleanspark said its hashrate has surpassed 4 exahash per second (EH/s), and the Texas mining company Rhodium...
Bitcoin miner Rhodium set for IPO, valued at $1.7 billion
18.1.2022
The Initial Public Offering (IPO) for Texas-based Bitcoin miner Rhodium Enterprises is another feather in the cap for the Bitcoin-friendly southern State