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 mining (BTC) is the process of adding transactions to the Bitcoin blockchain, a decentralized public ledger of all Bitcoin transactions. Miners use powerful computers to solve complex mathematical puzzles, known as proof-of-work (PoW), to validate transactions and add them to the blockchain. In return, miners receive newly minted BTC as a reward for their […]
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 […]
The monetary regulator apparently accidentally consistedof 650 names and e-mail addresses in interactions with blockchain company Green as part of an examination. 145 Total views 2 Total shares Own this piece of history Collect this shortarticle as an NFT The United States Securities and Exchange Commission, or SEC, has supposedly dripped the names and e-mail […]