PRESS RELEASE. On 21st February, BitFuFu will announce the launch of the ANTMINER coupons trading function at the WDMS conference. ANTMINER coupons are issued by the world’s leading miner manufacturer BITMAIN, which can be used to offset the purchase order amount of ANTMINER produced which was sold AntminerBitcoinBitFuFuCloudMiningcouponsfunctionLaunchesNewsPressProviderReleaseServiceTradingworldleading Read More
The discount coupons issued last year haven't been used because miners don't have the cash to spend on new equipment.
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Debtors for crypto lender Celsius Network have the authority to sell coupons for mining firm Bitmain coupons worth roughly $7.4 million following a ruling from a bankruptcy judge.In a Feb. 16 court filing, United States Bankruptcy Judge Martin Glenn said it was in the “best interests of the Debtors’ estates, 7.4MAuthorizesBankruptcyBitmainCelsiuscouponsJudgeSaleWorth Read More
The assets, which offer a discount of 10%-30% on Bitmain purchases for a limited period, can be sold to any bona fide third party, but with with the consent of a Committee representing Celsius’ unsecured creditors, bankruptcy judge Martin Glenn said.
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Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing that the “coupons currently provide no utility to the debtors’ mining AimsBankruptBitcoinCelsiuscouponsCreditsMillionMiningNewsRaiseRig Read More
Bankrupt Bitcoin (BTC) mining firm Core Scientific filed on Jan. 25 an emergency motion seeking to sell Bitmain coupons worth $6.6 million, according to court records.As per the filing, some conditions applied to the coupons make them useless for Core Scientific's business. Specifically, the coupons can "only be used to BitmainCorecouponsFilesMotionScientificSell Read More