Some conditions applied to the coupons make them useless for Core Scientific’s business, a court filing shows. 168 Total views 19 Total shares Own this piece of history Collect this article as an NFT Bankrupt Bitcoin (BTC) mining firm Core Scientific filed on Jan. 25 an emergency motion seeking to sell Bitmain coupons worth $6.6 […]
The lawsuit escalates a months-long dispute between the crypto miner and one of its energy suppliers in Canada. 1946 Total views 13 Total shares Own this piece of history Collect this article as an NFT Canada-based Bitcoin (BTC) miner Hut 8 Mining Corporation has ramped up its ongoing fight with its power supplier for one […]
After a torrid 2022 that saw it sell off its flagship mining facility, Argo Blockchain’s woes are worsening after a recent class action suit. 919 Total views 18 Total shares Own this piece of history Collect this article as an NFT Investors of crypto mining firm Argo Blockchain have filed a class action lawsuit accusing […]
Bitcoin (BTC) is seeing brand-new records in network activity as volatility sendsout BTC rate action to fresh five-month highs. Data from resources consistingof MiningPoolStats verifies that Bitcoin’s hash rate hit brand-new all-time highs on Jan. 26. Hash rate passes 300 EH/s limit In another example of Bitcoin’s blitz healing from the pits of post-FTX concerns, […]
The deadline for bidders to submit offers for the Bitcoin-machine-backed loans is set for Jan. 24. 333 Total views 12 Total shares Own this piece of history Collect this article as an NFT Bankrupt crypto lending firm BlockFi has plans to sell off $160 million in loans backed by around 68,000 Bitcoin mining machines as […]
Bitcoin’s mining market hasactually been fairly steady compared to the bearish rate action and the turbulent fallout of exchanges and loaning business. The network’s hashrate dipped somewhat towards the end of 2022, mainly due to an extraordinary blizzard in the U.S., and has giventhat recuperated highly to gobeyond its previous peak above 270 EH/s. It […]
The modest university dormitory is a location for trainees taking their undergraduate degrees to researchstudy, rest, make brand-new goodfriends, host wild dormitory celebrations and, of course, mine Bitcoin (BTC). A master’s trainee in market researchstudy and self-described “data man,” Blake Kaufman, has connected up an S9 Bitcoin miner to the Bitcoin network. He won the […]
Bitcoin mining powers network transactions and BTC price. During the 2021 bull run, some mining operations raised funds against their Bitcoin ASICs and BTC reserves. Miners also preordered ASICs at a hefty premium and some raised funds by conducting IPOs. As the crypto market turned bearish and liquidity seized within the sector, miners found themselves […]
Some BTC miners have declared bankruptcy or sought financial aid to stay afloat. Others are finding unique ways to grow amid the bear market. 331 Total views 2 Total shares Own this piece of history Collect this article as an NFT Bitcoin (BTC) miner CleanSpark is expanding operations in the state of Georgia, adding to […]
The lawsuit alleges that Compass Mining didn’t disclose to Bit River that it was only the ‘middleman,’ not the owner of its customers’ machines. Own this piece of history Collect this article as an NFT Customers are suing Compass Mining for over $2 million, alleging fraud, after the company cut ties with Russian hosting company […]
2022 was “the ideal storm” for Bitcoin (BTC) miners, according to Jaime Leverton, CEO of Hut8 mining, one of the biggest crypto miners and digital property specialists in the area. Leverton sat down with Gareth Jenkinson, senior pressreporter at Cointelegraph, in an interview at the World Economic Forum in Davos, Switzerland. Topics consistedof were the […]
Crypto-related stocks, ETFs and tokens have all surged in price so far in 2023 despite experts expecting the Federal Reserve to continue hiking interest rates. 922 Total views 20 Total shares Own this piece of history Collect this article as an NFT The share price of cryptocurrency exchange Coinbase has surged by 69% since its […]