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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.

Updated May 9, 2023, 4:01 a.m. Published Nov 1, 2022, 8:01 p.m.
Wolf Hollow Power Plant in Texas (Compute North) 

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Wolf Hollow Power Plant in Texas (Compute North) https://mobile.twitter.com/computenorthllc/status/1547296579123662848/photo/1