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Core Scientific Shares Downgraded After SEC Filing Hints at Possible Bankruptcy
30.10.2022
One of the largest publicly listed bitcoin miners, Core Scientific, has shaken investors with a recent filing with the U.S. Securities and Exchange Commission that raises the possibility the company may apply for bankruptcy protection. The filing notes that Core Scientific will be unable to...
Troubled Bitcoin Miner Core Scientific's Shares Continue to Plunge on Bankruptcy Risk
28.10.2022
Shares of bitcoin miner Core Scientific (CORZ) fell another 14% Friday after a rough week amid financial woes and analyst downgrades
Leading Public Bitcoin Miner Core Scientific to File for Bankruptcy
28.10.2022
The major publicly listed Bitcoin (BTC) mining company Core Scientific has admitted it could run out of money by the end of the year, and that bankruptcy is a possibility.
The company’s liquidity position has taken a major hit this year, as prices of Bitcoin have plummeted from a peak of around...
Bitcoin Miner Compass to Host 27MW Worth of Mining Rigs at Solar-Powered Startup
26.10.2022
Startup miner Aspen Creek Digital has 30MW worth of capacity at its Texas facility, making Compass one of its largest customers
Bitcoin Miner Cleanspark Raises Year-End Outlook by 10%, Firm’s Hashpower Surpasses 5 EH/s
26.10.2022
On October 25, the bitcoin mining operation Cleanspark announced that the firm’s hashrate now exceeds 5 exahash per second (EH/s), a milestone achieved more than two months ahead of the company’s original year-end goals. Cleanspark says it now aims to surpass 5.5 EH/s by...
Bitcoin Miner CleanSpark Hikes 2022 Hashrate Guidance by 10%
25.10.2022
The miner now sees year-end computing power at 5.5 exahash per second (EH/s)
Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars
25.10.2022
Soaring hash rate, high electricity costs and BTC price hovering under $20,000 for months is complicating matters for Bitcoin miners
An Unknown Miner Commands More Than 51% of BSV’s Hashpower, Consecutive Strings of Empty Blocks Makes Chain Unreliable
23.10.2022
A single miner has managed to overtake a large portion of the Bitcoinsv (Bitcoin Satoshi’s Vision) blockchain capturing more than 80% of the hashrate on October 17. Today, the unknown miner’s hashpower commands around 54% of the Bitcoinsv’s computational power and during...
Bitcoin Miner Sphere3D Downsizes Deal for Machines With BitFuFu
20.10.2022
Sphere 3D is the latest bitcoin mining firm to try to cut capital expenditures amid the crypto bear market
'Not even a single TX has been censored on ETH' — Cyber Capital founder
18.10.2022
Bons noted that even with 50% OFAC compliance among Ethereum validators, blocks will still be produced within 30 seconds
Bitcoin Association Asks Exchanges to Block 'Empty Block' Bitcoin SV Miner
17.10.2022
The association supports the development of BSV, a fork of Bitcoin Cash, a Bitcoin fork
Bitcoin Miner Stronghold Digital Bolsters Balance Sheet by Cutting Costs, Slashing Debt by More Than 60%
14.10.2022
Stronghold, which is currently restructuring its debt, can save up to $27.6 million in the next two years by ending its partnership with Northern Data
Bitcoin Miner Pow.re Begins Mining Facility Construction in Paraguay, Acquires 3,600 Microbt ASICs
14.10.2022
According to the crypto mining operation Pow.re Holdings Limited, the firm announced that it has begun construction of two new mining facilities in Asunción, Paraguay. The new data centers will manage 12 megawatts (MW) of hydroelectric power, and the firm has also acquired 3,600 Microbt Whatsminer...
Further BTC mining consolidation as Crusoe acquires peer mining firm
13.10.2022
Crusoe Energy Systems has just acquired the operating assets of Great American Mining, a sign that further consolidation could be ahead
Bitcoin Miner Crusoe Energy Buys Fellow Flared-Gas Operator GAM
12.10.2022
Acquisition opportunities are arising amid a crypto bear market that is squeezing miners
Crypto Miner Core Scientific Will Defend its Interests in Celsius Bankruptcy
12.10.2022
Crypto hosting and mining company Core Scientific (CORZ) has issued fired back at Celsius Mining over allegations it is violating the beleaguered firm's bankruptcy filing
Bitcoin Miner Cleanspark Completes Sandersville Facility Acquisition, Firm’s Hashrate Now 4.7 Exahash
12.10.2022
On October 11, the publicly-listed bitcoin miner Cleanspark announced that it has completed the acquisition of Mawson Infrastructure Group’s Georgia-based bitcoin mining facility. Following the acquisition, Cleanspark says it now manages 220 megawatts (MW) of bitcoin miners with a hashrate...
Bitcoin Miner Greenidge Expects Q3 Losses of $20M-$22M Amid CEO Departure
11.10.2022
Bitcoin (BTC) miner Greenidge Generation Holdings' (GREE) CEO expects to record a GAAP net loss of between $20 and $22 million for the third quarter
Kenyan Firm Using Wasted Energy to Mine Bitcoin — Business Model Said to Potentially Help Decentralize Mining
11.10.2022
A Kenyan bitcoin mining company, Gridless, recently revealed how it is helping local communities reduce electricity costs by using excess generated power to mine bitcoin. The Gridless model has been hailed because it potentially helps to decentralize bitcoin mining as well as move some hashpower...
Progress Toward Bitcoin’s Halving Is 60% Complete, Block Times Suggest Reduction Could Happen Next Year
9.10.2022
According to countdown statistics based on the average block generation time of around ten minutes, progress toward the next Bitcoin block reward halving has surpassed 60%. However, while most halving countdown clocks leverage the ten-minute average, the countdown leveraging the most current block...