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Nalezeno "bitcoin mining": 3235

Blockware sued over alleged misrepresentation of miners' performance

24.12.2022
The plaintiff claims losses of $250,000 and seeks compensatory and punitive damages

Public Bitcoin mining companies plagued with $4B of collective debt

24.12.2022
The Bitcoin mining community took up massive loans during the 2021 bull market, negatively impacting their bottom lines during a subsequent bear market

Blockware Customer Accuses Bitcoin Mining Firm of Fraud

23.12.2022
Lawsuit seeks at least $250,000 of damages

Crypto Biz: Contagion engulfs Bitcoin miners as bear market continues

23.12.2022
With the BTC price plunging more than 76% peak-to-trough, miners are struggling to keep their operations running

Bitcoin Miners Discovered 53,240 Blocks This Year, Foundry Led the Pack, Hashrate Tapped an All-Time High

23.12.2022
As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per second (EH/s) toward the Bitcoin blockchain in order to secure the network and reap mining rewards. Statistics indicate that the mining pool Foundry USA discovered the most block rewards...

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

Europe’s Last Bitcoin Mining Refuge Is No Longer Viable

22.12.2022
Miners moved to northern Norway and Sweden to avoid high energy costs. Now, power prices are surging there, too

One of the Largest Bitcoin Mining Firms Just Filed For Bankruptcy – Here’s What it Means for the Crypto Industry

22.12.2022
Core Scientific, one of the largest Bitcoin mining companies, has filed for bankruptcy amid plunging cryptocurrency prices and skyrocketing energy prices, becoming the latest victim of the ongoing crypto winter. On Wednesday, the firm filed for Chapter 11 bankruptcy protection in Texas....

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

Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt

21.12.2022
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, Core Scientific has roughly 1,000 to 5,000 creditors and its estimated assets are worth between...

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...

While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher

18.12.2022
Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, at block height 766,080. During the last 2,016 blocks, Bitcoin’s hashrate has been around 254.3 exahash per second (EH/s), and block intervals...

How hard has this bear market been for Bitcoin mining? Watch Market Talks on Cointelegraph

15.12.2022
Join us as we discuss the current state of the crypto market, particularly in terms of the current bear market and Bitcoin mining. Hosting the show will be Ray Salmond, head of markets at Cointelegraph, and our special guest this week is Drew Vosk

Nasdaq warns Bitcoin mining firm Bitfarms about share price deficiency

14.12.2022
Bitfarms has an initial period of 180 calendar days to have its shares trading above $1 for at least 10 days before June 12, 2023

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...