Bitcoin Mining Firm Core Scientific To Sell 27k Gears To Settle NYDIG Debt
A few days before the holidays in 2022, the firm filed for bankruptcy. As part of its 2020 expansion, the company borrowed $77.5 million.
Texas BTC Miners Face More Problems After Another Storm Hit the State: Report
The ice blizzard that passed through Texas caused domestic BTC miners to halt activities for a while.
Russia Expands Its Crypto Mining Capacity, Report Reveals
The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed…
Marathon Digital Mines Its Way With 2x Sales In January
As Bitcoin price surged above $23,500 level, long time Bitcoin holder Marathon Digital (MARA) has claimed to have sold a few of their Bitcoin holdings. This is for the first…
Giant Bitcoin ‘Taproot Wizard’ NFT Minted in Collaboration With Luxor Mining Pool
Luxor Mining collaborated with independent developer, Udi Wertheimer to mint the NFT advertising “Magic Internet JPEGs” in “the largest Bitcoin block ever mined.”
Another Crypto Exec Leaves: Argo Blockchain’s CFO Resigns
Alex Appleton is the most recent bitcoin executive to resign from his post. Alex Appleton, the CFO and Executive Director of top bitcoin miner Argo Blockchain, said he was leaving…
Luxor mines largest Bitcoin block ever, contains Taproot Wizard NFT
Crypto developer Udi Wertheimer and Bitcoin mining company Luxor appear to have teamed up in some kind of wizard-themed NFT collection.
Bitcoin (BTC) Price Set To Surge High As Miners Halt Selling
The Bitcoin market has seen an upward trend in the past 24 hours, reaching a high of $24,000 earlier today. With the current price trading at around $23,869 in the…
Crypto Miner Pow.re Raises $9.2M Series A at $150M Valuation
Montreal-headquartered mining firm specializes in operating from locations with stranded power.
Crypto-friendly bank ends loans backed by mining rigs: Details inside
Crypto-friendly bank BankProv has announced that it will no longer provide loans secured by cryptocurrency mining rigs. Prior to this announcement, the bank wrote off $47.9 million in loans secured…
