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.
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Feb 7, 2023 at 12:12 p.m. UTC
Feb 7, 2023
Mining Centers
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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.
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Feb 3, 2023 at 12:05 p.m. UTC
Feb 3, 2023
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Bitcoin Miner TeraWulf Restructures Debt
A slew of mining firms have restructured their debt loads while others are facing bankruptcy.
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Feb 2, 2023 at 4:02 p.m. UTC
Feb 2, 2023
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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.
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Feb 1, 2023 at 2:00 p.m. UTC
Feb 1, 2023
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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.
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Jan 31, 2023 at 1:49 p.m. UTC
Jan 31, 2023
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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.
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Jan 19, 2023 at 2:00 p.m. UTC
Jan 19, 2023
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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.
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Jan 9, 2023 at 9:18 a.m. UTC
Jan 9, 2023
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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.
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Jan 4, 2023 at 9:48 a.m. UTC
Jan 4, 2023
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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.
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Jan 4, 2023 at 1:10 a.m. UTC
Jan 4, 2023
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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.
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Jan 3, 2023 at 4:02 p.m. UTC
Jan 3, 2023