mining
- Technology
With the value of next-gen Bitcoin mining rigs down an estimated 85%, some crypto lenders flooded with repossessed rigs are keeping them running for the income (David Pan/Bloomberg)
David Pan / Bloomberg: With the value of next-gen Bitcoin mining rigs down an estimated 85%, some crypto lenders flooded…
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Bitcoin miner Core Scientific plans to shut down mining rigs tied to Celsius Mining, its largest client with 37K+ machines, as both companies undergo bankruptcy (Eliza Gkritsi/CoinDesk)
Eliza Gkritsi / CoinDesk: Bitcoin miner Core Scientific plans to shut down mining rigs tied to Celsius Mining, its largest…
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Bitcoin miner Argo Blockchain will avoid bankruptcy filing after agreeing to sell its Helios mining facility in Texas to Galaxy Digital for $65M and a $35M loan (Aoyon Ashraf/CoinDesk)
Aoyon Ashraf / CoinDesk: Bitcoin miner Argo Blockchain will avoid bankruptcy filing after agreeing to sell its Helios mining facility…
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