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Nalezeno "miner": 1071

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...