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Mining Centers
Shares of Bitcoin Miner Hut 8 Slump on Merger With US Bitcoin Corp.
The deal is a major consolidation move in the bitcoin mining industry.
Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt
NYDIG had previously said it would object to a $70 million lifeline loan for Core if its own deal wasn't finalized.
Bitcoin Miner TeraWulf Restructures Debt
A slew of mining firms have restructured their debt loads while others are facing bankruptcy.
Luxor Starts First-of-Its-Kind Bitcoin Mining Rig Marketplace for Large-Scale Orders
The market for mining machines is increasingly flooded with inventory from struggling companies.
Bitcoin Miner Greenidge Generation Restructures Another $11M of Debt
The deal with investment bank B. Riley includes a share sale and some additional time for repayments.
Bitcoin Miner CleanSpark Builds 50MW Additional Mining Capacity at Georgia Site
The mining firm will increase its computing power by 25% to 34% after the U.S. site goes online.
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.
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.
