Summary: Lawyers representing the Bitcoin miner said the company was losing north of $53,000 daily due to a hosting agreement...
BlockFi has received the bankruptcy court's approval to set up the auction for its crypto mining business. The bidding process will conclude by 20 February and all deals will be subject to approval from the court.
Foundry, the Bitcoin mining firm owned by the Digital Currency Group (DCG), has informed its clients that it will stop offering free services to its clients starting April 19, 2023.
Texas-based bitcoin mining firm Core Scientific has signed three new hosting contracts to host nearly 18,000 mining rigs. The company's stock surged by 7% following the news of the new contracts.
Summary: Tether plans to tap into Uruguay’s renewable energy ecosystem and mine Bitcoin (BTC), crypto’s largest token by market cap....
USDT issuer Tether has invested in El Salvador's $1 billion Volcano Energy, paving the way for developing one of the world's largest Bitcoin mining farms powered by renewable energy.
Core Scientific is poised to exit Chapter 11 bankruptcy proceedings following a $77 million deal with crypto mining rig maker Bitmain.
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