citing<\/a> market conditions. <\/p>\n\n\n\nAnother crypto miner, Riot Blockchain, rebranded as Riot Platforms in a bid to diversify as rising power costs in the U.S. threatens mining businesses. <\/p>\n\n\n\n
Argo Blockchain also announced plans to sell its Helios mining facility in Texas to Mike Novogratz\u2019s Galaxy Digital for $65 million. Argo also secured an additional $35 million loan to help stave off bankruptcy in the bear market.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
Summary: Lawyers representing the Bitcoin miner said the company was losing north of $53,000 daily due to a hosting agreement with Celsius. The company will shutter hosting services for 37,000 Bitcoin mining rigs owned by the defunct crypto lender. Both companies filed for bankruptcy following a harsh year for crypto asset prices in 2022.\u00a0 Bitcoin mining company Core Scientific will shut down Celsius mining machines following an agreement between the two crippled crypto entities. The deal was disclosed during a […]<\/p>\n","protected":false},"author":55,"featured_media":580329,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1100,2],"tags":[1232,7345,108568],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/580327"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=580327"}],"version-history":[{"count":2,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/580327\/revisions"}],"predecessor-version":[{"id":580330,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/580327\/revisions\/580330"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/580329"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=580327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=580327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=580327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}