Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement betw...
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Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement betw...
Multiple local governments across Canada have started to make life much harder for bitcoin miners.North America became the leading...
Cleanspark’s December 2022 mining update examines the company’s year at large as well as the operations of the previous month.Clea...
The company will rebrand as Riot Platforms, as it diversifies amid a bleak outlook for the wider Bitcoin mining industry.
Public Bitcoin miners will actively work to minimize costs in 2023 by going private or merging with other firms, Hash Rate Index a...
The two bankrupt businesses will end the hosting agreement which Core Scientific said was costing it $53,000 a day.
Judicial rulings require Iranian authorities to release a part of the 150,000 crypto mining equipment previously seized due to ene...
Core Scientific estimates that canceling the agreement with Celsius will provide $2 million in revenue per month as long as Bitcoi...
The collapse of two giant crypto lending businesses that also mined bitcoin yields a few interesting lessons.“Contagion” is the mo...
A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms...
Industry players accumulated over $4 billion of debt in the last crypto run-up.
The bitcoin mining difficulty had adjusted upward for the majority of 2022, recording its highest correction in the same year. How...
Bitfarms (NASDAQ:BITF), a cryptocurrency mining company, has published its latest Bitcoin mining update for December 2022 and the...
Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Sib...
Bitcoin miners have had a challenging year as the network’s mining difficulty reached an all-time high and the spot market price o...
After a dispute that spilled out onto social media this summer, Compass has emerged victorious—but Dynamics vows to appeal the rul...
Data shows almost all the big public crypto companies have underperformed Bitcoin this year, with the mining firms taking an espec...
Bitcoin’s hashrate has jumped from the low 170 exahash per second (EH/s) recorded this week, to above the 300 exahash range after...
Xiao Yi, Communist Party secretary of the City of Fuzhou, financially aided Bitcoin miners between 2017 and 2021.