Bitcoin Miner Argo Blockchain’s CFO Alex Appleton Quits
Alex Appleton, who has served in this role since September 2020, is departing to “pursue other opportunities.”
White House Calls on Congress to ‘Step up’ Regulation; Argo Blockchain Sued Over US Share Sale
Four senior U.S. officials in the White House published a statement on Friday urging Congress to “step up its efforts” with respect to regulating the cryptocurrency market. Plus, crypto miner…
Crypto-friendly bank ends loans backed by crypto mining rigs
After a bullish 2021 crypto miners sought out loans to allow them to expand, a move which has since backfired following difficult market conditions in 2022.
Bitcoin mining advocate is going state-to-state to educate US lawmakers
The legislatures in Mississippi and Missouri have separately introduced bills aimed at protecting certain activities of Bitcoin miners following visits from the Satoshi Action Fund.
Bitcoin difficulty hits its highest point in over a year: What should miners expect?
The remarkable ascent of Bitcoin has been a topic of critical importance in the broader cryptocurrency community. Not surprisingly, the price increase seen by other coins and tokens followed the…
New Deal With NYDIG and B. Riley Cuts Bitcoin Miner Greenidge’s Debt by $61M
The $61 million deal significantly reduces the sizeable debt burden facing Greenidge, which was recently considering voluntary bankruptcy.
Bitcoin miner Greenidge cuts NYDIG debt from $72M to $17M
Despite restructuring into a hosting firm for Bitcoin mining, Greenidge still owns about 10,000 miners, maintaining a capacity of 1.1 EH/s.
Bitcoin Miner Greenidge Generation Restructures Another $11M of Debt
The deal with B. Riley will push off repayment dates and use Greenidge stock to pay off some of the funds.
BlockFi gets court nod to sell crypto mining assets
It is understood that BlockFi wants to get bids in quickly as possible to make the most of the current market conditions.
BlockFi Wins Approval to Auction Mining Assets, Aims to Avoid Bankruptcy
BlockFi to auction distressed mining assets as bigger players drive mining resurgence.
