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Compute North
Hut 8 CEO on Securing Up to $50M in Loans From Coinbase, State of Bitcoin Mining
Hut 8 Mining has secured up to $50 million in loans from Coinbase Credit to fund its operations. Jaime Leverton, CEO of the North American digital asset miner, joins "First Mover" to discuss working with Coinbase Credit and what the loans will be used for. Plus, Leverton's insights on the state of crypto mining and outlook on bitcoin (BTC) as major players like Compute North and Core Scientific have previously filed for chapter 11 bankruptcy protection.
Foundry, società di Cripto e staking, acquista alcuni asset del minatore Bitcoin in difficoltà Compute North
Foundry acquisterà due impianti minerari e ha l'opzione di acquisire un terzo sito in fase di sviluppo.
S. Korean Judge Reportedly Dismisses Arrest Warrant for Terra Exec Yu; Bitcoin Miner Marathon Invested $31M in Bankrupt Data Center Compute North
A South Korean judge canceled the arrest warrant for Yu, Terra's head of general affairs at Terraform Labs, according to Yonhap News. Plus, Marathon Digital’s investment of $31.3 million in bankrupt data center Compute North.
Compute North Files for Bankruptcy; Cipher Considers Selling up to $250M in Stock
Shareholders of bankrupt crypto lender Celsius Network have filed to claw back their investments and get first dibs on proceeds from the sale of certain assets. Crypto-mining data center operator Compute North filed for bankruptcy, citing the market rout. Cipher Mining is looking to sell up to $250 million in stock from time to time in an "at-the-market” (ATM) offering.
Marathon Digital Downgraded on Headwinds From Compute North’s Bankruptcy
Global financial services firm BTIG's Gregory Lewis has downgraded bitcoin miner Marathon Digital's stock from "buy" to "neutral" following headwinds from Compute North's bankruptcy filing. "The Hash" hosts discuss what this means for Marathon Digital and the state of bitcoin mining.
Crypto Mining Data Center Provider Compute North Raises $385M
Compute North, which provides sustainable infrastructure for crypto mining, has closed a $385 million round that includes a Series C fundraise and debt financing. “The Hash” team discusses what this means for bitcoin mining and the crypto industry at large.
Marathon Digital Expands Compute North Hosting Deal to Over 100K Bitcoin Miners
Compute North and Marathon Digital extended their hosting agreement to more than 100,000 bitcoin mining machines across the U.S. The units will be powered mainly through wind and solar energy and make Marathon’s mining operations about 77% carbon neutral.