Bitcoin Miner BitNile Pulls 6,500 Rigs from former Compute North Site
The miner signed a hosting deal with bankrupt Compute North in September for a site that is now managed by USBTC. Original Source
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BitNile
Crypto Mining Firm BitNile to Start Bitcoin-Based Marketplace Next Year
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BitNile to Lend Up to $100M to Small Businesses Backed by Own Bitcoin
Loans will range from $1 million to $25 million and be offered to publicly traded companies under $250 million in market capitalization. Source
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BitNile Aims to Become a Top 10 North American Miner With 300MW Deal
“The planned expansion of the power capacity at the Facility to 300MW over the next 18 to 24 months would, if achieved, enable BitNile to grow its existing partnership with Bitmain while potentially attracting other strategic joint-venture partners,” said the company’s founder and executive chairman, Milton Ault, III. Original Source
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DeFi Startup Earnity Raises $15M Led by Miner BitNile
Decentralized finance (DeFi) startup Earnity has raised $15 million in a Series A round led by bitcoin mining company BitNile, bringing its total raised to $20 million. Earnity expects to launch its curated financial marketplace for tokens early next year. Source
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