[ad_1] Once the crypto industry’s largest mining company, Core Scientific suffered an astounding, and swift, fall from grace last November, when bitcoin prices cratered amid cryptocurrency exchange FTX’s mid-November implosion.…
[ad_1] MIAMI BEACH, Florida – Bitcoin mining behemoth Marathon Digital Holdings (MARA) says it will match up to $500,000 in donations to non-profit Bitcoin research and development firm Brink, on…
[ad_1] Despite disappointing earnings and its fair share of operational difficulties, the CEO of Canadian Hut 8 Mining (HUT) Jaime Leverton reassured investors. The miner's gigantic stack of bitcoin, at…
[ad_1] Riot claims that Rhodium "deliberately miscalculated" how much in hosting fees it had to pay for Riot's hosting services. The two were supposed to share the net revenue from…
[ad_1] The new project – named Abu Dhabi Global Markets JV Entity (ADGM) – will first develop two mining sites with a combined capacity of 250 megawatts (MW) of mining…
[ad_1] Luna Squares LLC, a separate subsidiary, hosted about 10,000 machines for bankrupt crypto lender Celsius Network as of the end of December, according to court filings. Celsius loaned $20…
[ad_1] The complaint, filed with the Southern District of New York on Friday, alleges Gryphon CEO Rob Chang wired 18 of Sphere 3D's bitcoin to an address belonging to a…
[ad_1] The move comes as bitcoin miners have gone through a difficult year, with bitcoin prices sinking and higher energy prices driving up costs, which weighed on their profit margins.…
[ad_1] In March, TeraWulf started bringing machines online in its Nautilus facility in Pennsylvania, which is fully powered by nuclear energy. At the site, the miner has secured power agreement…
[ad_1] The extent of the mining sector's exposure to crypto-friendly Signature Bank is unclear. Marathon Digital Holdings (MARA) on Monday said it still had access to $142 million in deposits…