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Mining Centers
Bitcoin Miner Bitfarms Pays Down $27M of Debt
The miner is trying to improve its liquidity during the crypto market downturn.
Bitcoin Miner Cathedra Slashes Payroll Costs by Two-Thirds With Job, Salary Cuts
The Canadian company has also been liquidating bitcoin.
Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 Earnings
Riot said its revenues declined as it powered down its Texas operations amid surging electricity demand.
Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
The company has said it will default on the debt Tuesday unless it can reach a restructuring agreement with its lender.
RETRACTION: Compute North Did Not Pay Execs $3M on the Day It Declared Bankruptcy
The filing states the money was paid over the course of the year ended Sept. 22, not that day as CoinDesk reported earlier based on a mistaken reading of the document.
Crypto Miner Marathon Digital Mines Record 615 Bitcoin in October
Marathon increased its hashrate by 84% in October in setting its new monthly high.
Lender Generate Capital to Buy Bankrupt Bitcoin Miner Compute North's Stake in 2 Bitcoin Mining Facilities
The lender is paying $5 million in cash and assuming liabilities associated with the two sites, which total 400 MW of operating capacity.
Crypto Mining Data Center Firm Soluna Tumbles After Capital Raise
The company raised about $2 million in a share sale.
Core Scientific Again Raises Bitcoin Mining Hosting Rates
The firm expects power costs to decline in the future, which will be reflected in its hosting rates.
Bitcoin Miner Sphere3D Downsizes Deal for Machines With BitFuFu
Sphere 3D is the latest bitcoin mining firm to try to cut capital expenditures amid the crypto bear market.
