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Latest from Eliza Gkritsi
Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured
The company was financed by Generate Capital, which seized the data-center operator’s assets.
Bitcoin Miner Cipher Looks to Sell Up to $250M in Stock
Investment bank H.C. Wainwright will be handling the transaction.
Bitcoin Miner Iris Energy Signs Up to $100M Equity Deal With B. Riley
B. Riley previously signed a similar deal with Core Scientific in July, under which the miners have the rights but no obligations to sell the shares to the investment bank.
Amid Market Rout, Crypto Miners Are Still Building
Crypto miners are still developing innovative data centers despite a souring market that has some miners struggling to survive.
Riot Blockchain Sues Northern Data Over Disclosures Related to Texas Bitcoin Mine Acquisition
This is the second lawsuit related to the giant Texas mine that Riot acquired last year.
Bitmain Discounts Bitcoin Mining Machines in an Already Depressed Market
Prices for bitcoin mining rigs have fallen by about 70% this year.
DeFi Platform Maple Finance Aims to Help Struggling Bitcoin Miners With $300M Lending Pool
The DeFi platform is launching its first fully collateralized, industry-specific lending pool with up to 20% interest rate as bitcoin miners are finding it tough to raise capital.
Bitcoin Miner Bitfarms Starts Production in Argentina, Increases Hashrate to 4.1 EH/s
The Canadian company plans to open a second mining site in the country, which has low electricity costs, next year.
Ethereum Miners Are Quickly Dying Less Than 24 Hours After the Merge
Now-redundant, Ethereum miners are flocking to other proof-of-work tokens after the network switched to a proof-of-stake consensus mechanism and finding slim pickings.
Environmental Groups to Spend Another $1M on Ads for Bitcoin Code Change After the Merge
The "Change the Code, Not the Climate" campaign is upping its efforts following Ethereum's switch to proof of stake.
