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Bitcoin Miner Bitfarms' CEO Exits; COO Will Replace
29.12.2022
Co-founder Emiliano Grodzki resigned as CEO but will remain a director
Novogratz's Galaxy Digital Invests $100 Million to Prevent Argo Bitcoin Miner Firm Bankruptcy
29.12.2022
Bitcoin (BTC) miner Argo Blockchain said it would sell its Helios mining facility to US-based crypto financial services firm Galaxy Digital for $65 million....
Read More: Novogratz's Galaxy Digital Invests $100 Million to Prevent Argo Bitcoin Miner Firm Bankruptcy
Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas
29.12.2022
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The following day, on Dec. 28, 2022, Argo detailed it is selling its Helios facility to Galaxy Digital...
Bitcoin Miner Argo Will Avoid Bankruptcy With $100M Bailout from Novogratz’s Galaxy
28.12.2022
Galaxy will also loan $35 million to Argo as part of the deal
Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading
28.12.2022
Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the company expects to make an announcement on Wednesday, Dec. 28, 2022. The company’s stock has lost 96.34% year-to-date and on Dec. 12, the bitcoin miner “advanced negotiations...
Bitcoin ASIC miner prices hovering at lows not seen in years
27.12.2022
ASIC miners' price per terahash has fallen more than 80% from its peak in 2021 as Bitcoin mining machines continue to flood the marketplace
BTC miner Core Scientific gets interim nod for $37.4M bankruptcy loan
23.12.2022
The loan would allow Core Scientific to keep its mining and hosting operations afloat while it restructures
Bitcoin rebound to $18.4K? BTC price derivatives show strength at key support zone
21.12.2022
Miners are in deep trouble due to increased hash rate and energy costs, but pro traders slightly added to their longs despite the recent BTC pullback
Bitcoin miner Northern Data says it has no financial debt, expects $204M in revenue for 2022
21.12.2022
At the midpoint, the guidance represents a growth of 1.1% from its revenue in 2021
Bitcoin miner Core Scientific reportedly files for Chapter 11 bankruptcy
21.12.2022
Core Scientific reportedly filed for Chapter 11 bankruptcy protection in Texas owing to falling revenue and BTC prices
Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG
20.12.2022
The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the non-binding term sheet agreement, NYDIG will obtain 2.8 exahash per second (EH/s) of Greenidge’s mining capacity...
Bitcoin miner Greenidge signs $74M debt restructuring agreement with NYDIG
20.12.2022
The deal, if executed, would essentially restructure the company into a hosting firm for Bitcoin mining rigs
Bitcoin Miner Greenidge Reaches Debt Restructuring Deal With NYDIG as Bankruptcy Looms
20.12.2022
Under the deal for restructuring $74.7 million of debt, Greenidge will host NYDIG's new machines
Stock price for troubled Bitcoin miner Core Scientific surges 200%
16.12.2022
After a flurry of bad news throughout 2022, the miner has been offered a lifeline which could enable it to see out the current Crypto Winter
Creditor offers Bitcoin miner Core Scientific $72M to avoid bankruptcy
15.12.2022
B. Riley suggested the embattled miner’s issues were “self-imposed” and outlined a path for it to avoid bankruptcy
Bitcoin Miner CleanSpark Cuts 2023 Hashrate Outlook by Nearly 30%
14.12.2022
The miner cited delays in building out a mining facility by one of its partners, Lancium
Bitcoin Miner Core Scientific's Lender Wants to Give Miner $72M to Avoid Bankruptcy
14.12.2022
Investment bank B Riley said most of the struggling miner's issues are "self-imposed and can be corrected."
Crypto Miner Iris Energy Hit by Class Action Suit
13.12.2022
The company failed to disclose that some of its mining equipment was owned through special purpose vehicles, the suit alleges
Crypto Miner Hut 8 Hires Former IBM Executive as CFO
13.12.2022
Canadian bitcoin mining firm Hut 8 (HUT) has hired Shenif Visram as its new chief financial officer (CFO), replacing Shane Downey who leaves the company following a 20-month tenure
Bitcoin Miner Terawulf Raises $10M in Fresh Capital to Pay Down Debt, Restructures Deal With Bitmain
13.12.2022
On Monday, Dec. 12, 2022, the Maryland-based bitcoin mining company Terawulf announced that the firm has raised $10 million in capital to pay down debts. The firm also said that it restructured a deal with Bitmain which will enable the company’s self-mining capacity to expand and fully...