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Bitcoin Miners' Balance Slides as FTX Collapse Weighs on Crypto
14.11.2022
Data tracked by Glassnode shows, the number of bitcoin held by miner wallets has dropped to a 10-month low
What is a Helium miner and how does it work?
13.11.2022
A wireless device called a hotspot, or helium miner, uses radio technologies for HNT minting and rewards HNT tokens for providing coverage
Bitcoin Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for 2022
8.11.2022
The miner is targeting 9 EH/s for the end of the year, but maintains it will reach 23 EH/s by the middle of 2023
2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million
8.11.2022
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loans. Iris Energy’s Form 6-K filing explains to the SEC that the firm “received a notice from...
Publicly Listed Bitcoin Miner Core Scientific Publishes Update After SEC Filing That Mentions ‘Restructuring’
8.11.2022
On Nov. 7, 2022, the bitcoin mining firm Core Scientific released the company’s October update after the company’s Form 8-K U.S. Securities and Exchange Commission (SEC) filing on Oct. 26, 2022. The filing noted that the company was in the process of exploring “restructuring...
Bitcoin miner Iris Energy faces $103M default claim from creditors
7.11.2022
The company is facing a cash flow crisis due to tough market conditions
Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
7.11.2022
The bitcoin miner will default on the loans tomorrow, unless it can reach a restructuring agreement with its lender
Bitcoin Miner Hive Blockchain Holds $68M of BTC, Has no Debt Costs on Equipment
7.11.2022
Canadian Bitcoin miner HIVE Blockchain currently holds 3,311 bitcoin worth $68.8 million, according to a production report released Monday
Vitalik reveals a new phase in the Ethereum roadmap: ‘The Scourge’
7.11.2022
The remaining milestones of the Ethereum roadmap consist of The Surge, The Scourge, The Verge, The Purge and The Splurge
Foundry Academy Launches Training Program to Produce Top Technicians for BTC Mining Industry
5.11.2022
Foundry Digital, a digital asset mining and a staking-focused subsidiary of Digital Asset Group, has announced the launch of a new bitcoin mining hardware training program. The training course, which is expected to commence on Nov. 7, is expected to help professionals and enthusiasts learn how...
Bitcoin Miner Iris Energy Defended at Compass Point After Equipment Financing Woes
3.11.2022
Iris Energy said this week that some of its mining equipment aren't producing enough cash to meet its financing obligations
Crypto Miner Marathon Digital Mines Record 615 Bitcoin in October
2.11.2022
Marathon increased its hashrate by 84% in October
Crypto Miner Bitdeer to Extend IPO Deadline by One Year
2.11.2022
Jihan Wu's cloud mining firm might not go public till December 2023
Bitcoin Miner Iris Energy Says Some Machines Aren't Covering Financing Costs
2.11.2022
The machines are owned owned by special purpose vehicles that aren't guaranteed by the parent company
Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners
2.11.2022
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October update, Argo said it did not believe the deal “will be consummated”...
BTC miner CleanSpark scoops up thousands of miners amid 'distressed markets'
2.11.2022
CleanSpark bought over 3,800 mining machines at $15.50 per terahash – far below the current market price of $22.94 and an 85.4% discount from the all-time high costs of $106.62 in Dec. 2021
Bitcoin Miner Stronghold Digital Completes Debt Restructuring
1.11.2022
The company over the past 10 weeks has returned 26,200 miners to NYDIG in exchange for the extinguishment of $67.4 million of debt
Lender Generate Capital to Buy Bankrupt Bitcoin Miner Compute North's Stake in 2 Bitcoin Mining Facilities
1.11.2022
The lender is paying $5 million in cash and assuming liabilities associated with the two sites, which total 400 MW of operating capacity
Bitcoin Miner Cleanspark Acquires 3,853 Bitmain-Made BTC Mining Rigs for $5.9 Million
1.11.2022
On Nov. 1, 2022, the bitcoin miner Cleanspark revealed it acquired 3,853 Bitmain-brand Antminer S19J Pro mining rigs for $5.9 million. According to Cleanspark, the company has purchased 26,500 bitcoin mining machines since the crypto winter started in June. Cleanspark Purchases 3,853 Antminer S19J...
Bondholders of Troubled Bitcoin Miner Core Scientific Said to Be Working With Lawyers: Report
1.11.2022
Some of the miner's convertible bondholders are working with restructuring lawyers at Paul Hastings