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Latest from Eliza Gkritsi
Jefferies Downgrades Bitcoin Miner Marathon Digital on Construction Delays
The asset-light crypto miner won't reach its 23 EH/s hashrate target by mid-2023, the bank said, while also lowering its price target to $4.
Singapore Arbitrator Rules Against Mining Software Firm Poolin’s IOU Model, But the Firm Hasn't Paid Yet
Poolin had issued I-owe-you tokens in exchange for its users’ crypto deposits. A Singapore arbitrator said that’s not OK.
Bitcoin Miner Marathon Digital Pays Off Silvergate Revolving Credit
The company also reiterated its expectation to have 23 exahash per second of computing power around the middle of 2023.
Iranian Courts Order Return of Thousands of Seized Crypto Mining Machines: Reports
The country has been cracking down on mining to deal with power shortages.
Core Scientific to Shut Down Celsius Crypto Mining Equipment
The two firms have been engaged in litigation over a 2020 hosting contract, which Core Scientific says is costing it $2 million in revenue per month.
Compass Mining Wins $1.5M in Lawsuit Against Hosting Firm
The mining-services broker claimed Dynamics Mining failed to provide services it had agreed to.
Stronghold Digital Mining Swaps Debt for Preferred Stock
The bitcoin miner has been reducing its debt since the summer.
Bitcoin Miners Got Crushed by Crypto Winter. 2023 May Bring More Pain
Bitcoin miners had a rough 2022, showing “how to not build a mining business,” Industry experts, however, don’t see 2023 as any better, unless the market improve significantly.
Bitcoin Miners Powered Off as Winter Storm Battered North America
Computing power on the Bitcoin network dropped about 40% over the weekend.
Blockware Solutions Customer Accuses Bitcoin Mining Firm of Fraud
The lawsuit seeks at least $250,000 of damages.
