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Bitcoin Mining Firm Navier Starts Tokenized Hashrate Marketplace for Retail Customers
22.3.2023
The Navier platform will give retail users more control over their acquired hashrate, and enable them to sell it on
Compass Mining Alerts Bitcoin Miners of Changes in Bitmain’s ASIC Design
8.3.2023
Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig, has made changes to its design. The post advised miners to be aware of the changes as Compass Mining identified “three...
Cloud mining firm BitFuFu postpones merger with SPAC until May
8.2.2023
Bitfufu's plans to go public have been delayed for the second time. The company is the cloud mining arm of Chinese mining giant Bitmain
Cloud Mining Firm BitFuFu to Delay SPAC IPO as Appetite for Crypto Stocks Languishes
7.2.2023
The company has now set a deadline of May to complete its listing
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...
Blockware Customer Accuses Bitcoin Mining Firm of Fraud
23.12.2022
Lawsuit seeks at least $250,000 of damages
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 Mining Firm TeraWulf Raises $10M in New Capital to Repay Some of Its Debts
12.12.2022
The Maryland-based mining company also said it has restructured a previous agreement with Bitmain to add 8,200 new machines to its fleet
Kenya-Based Bitcoin Mining Company Raises $2 Million in Seed Investment Led by Jack Dorsey-Owned Firm
9.12.2022
Gridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments company owned by Twitter founder Jack Dorsey, and Stillmark. The bitcoin mining firm is reportedly planning to use the capital raised to fund its expansion into...
Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low
14.11.2022
The mining firm has a liquidity position of $4.5 million and outstanding principal of $138.5 million
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 mining firm Bitdeer could delay public offering to 2023
2.11.2022
An SEC filing stated Safari Group shareholders could vote to give the company the option to extend the Bitdeer deadline up to four times until December 2023
Crypto Mining Firm BitNile to Start Bitcoin-Based Marketplace Next Year
13.10.2022
Bitcoin mining firm BitNile (NILE) plans to set up a bitcoin-based marketplace in the first half of next year to reduce the complexity of transacting in bitcoin
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
Marathon reports $80M exposure to bankrupt mining firm
7.10.2022
Marathon has outlined that at this stage its operations hosted by Compute North will continue to operate as usual, and highlighted an improved BTC mining production in Q3
Grayscale’s New Co-Investment Vehicle Aims to ‘Capture the Upside of Crypto Winter’
6.10.2022
On October 6, Grayscale Investments announced a new venture that gives accredited investors the opportunity to invest in the mining infrastructure that powers the digital asset ecosystem. According to the announcement, the co-investment vehicle is called Grayscale Digital Infrastructure...
Jihan Wu-Backed Crypto Miner Bitdeer Acquires ‘Singapore’s Fort Knox’ for $28.4 Million
26.9.2022
Sources have disclosed that the digital currency mining operation, Bitdeer Technologies, has purchased a high-security storage and display facility in Singapore called Le Freeport for $28.4 million. Bitdeer’s chairman, Jihan Wu, confirmed the vault acquisition via a text message following...
Bitcoin Miner Marathon Digital’s Shares Downgraded After Compute North Files for Bankruptcy Protection
23.9.2022
Bitcoin mining firm Compute North filed for Chapter 11 bankruptcy protection in Texas on Thursday as the crypto winter continues to put pressure on crypto mining operations. The bankruptcy petition filed on September 22, indicates the company looks to stabilize operations in order to repay...
BTC mining firm Compute North files for bankruptcy
23.9.2022
Compute North’s hosting partners Compass Mining have stated that the firm will continue to operate business as usual at this stage
Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million
7.9.2022
The bitcoin mining company Cleanspark revealed on Wednesday that the company has signed a purchase agreement for 10,000 new Bitmain Antminer S19j Pro mining rigs for $28 million. Cleanspark expects the machines to be delivered to the company’s facilities by the end of October or early...