Mining Centers
A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes
The situation is further disrupting the economics of a sector already hit by low crypto prices and high energy costs.
Bitcoin Miner Crusoe Energy Buys Fellow Flared-Gas Operator GAM
Acquisition opportunities are arising amid a crypto bear market that is squeezing miners.
Blockfusion's Crypto Mine in Niagara Falls Shut Down Due to Zoning Ordinances
As soon as the city's moratorium on the industry was lifted, Blockfusion was ordered to shut down over zoning issues.
Bitcoin Miner Rhodium Going Public Through Reverse Merger With SilverSun Technologies
Rhodium in January postponed what were then plans for an IPO at as much as a $1.7 billion valuation.
Bitcoin Miner Core Scientific Should Weather Crypto Storm, Analyst Says
Compass Point cites the company's access to capital as it rates the stock at buy with a $4 price target.
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 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.