Blockstream raises $125M to finance expanded Bitcoin mining operations
Bitcoin miners came under significant pressure during the bear market; however, Blockstream said institutional hosting customers were more “resilient.”
Bitcoin miners came under significant pressure during the bear market; however, Blockstream said institutional hosting customers were more “resilient.”
Celsius said that it will temporarily store about 20,000 mining rigs retrieved from Core Scientific’s hosting facility, while it looks for other opportunities.
Bitcoin has continued with its bullishness as it surged its price above the USD$23,000 level, a positive signal amid miners reduced the sales of their mined coins. On-chain flows flagged…
Crypto lender BlockFi — having filed for bankruptcy weeks after the collapse of FTX — is planning to sell around $160 million of Bitcoin (BTC) miner-backed loans, Bloomberg reported.
According to a Bloomberg report on 23 January, the bankrupt crypto lending firm BlockFi will sell off $160 million in loans backed by approximately 68,000 Bitcoin mining equipment as part…
The shares of Bitcoin mining company Argo Blockchain rose as much as 18% on 23 January after the company regained listing compliance with Nasdaq. The development came on the heels…
Buying pressure remains spot-driven, but prices are easily movable due to relatively lower liquidity, analysts at Bitfinex said in a Tuesday note.
The bankrupt crypto mining lender BlockFi plans to sell loans linked to Bitcoin mining machine purchases.
The deadline for bidders to submit offers for the Bitcoin-machine-backed loans is set for Jan. 24.
Positioning bitcoin mining with carbon-free sources, like nuclear energy, offers enormous benefits to the cryptocurrency industry as digital assets grow in popularity, acceptability, and engagement with the broader economy.