Bitcoin Miner Riot Delays 10-K Filing Due to Impairment Calculation Issues
The delay follows a similar move earlier this week by Marathon Digital on similar grounds. Original Source
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Bitcoin Miner Marathon Digital to Restate Some Results on Accounting Issues
The restatements are not likely to have any impact on total margin, operating income or net income in 2021 or any of the quarterly 2022 results, said the company, which also said it does not expect to be able complete its 2022 10-K filing by the March 1 deadline. Marathon
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Crypto miner Hive Blockchain posts wider losses, cites Ethereum Merge
Vancouver-based cryptocurrency mining firm Hive Blockchain Technologies Ltd. reported bigger losses in its latest quarterly earnings report published Tuesday, mainly due to Ethereum’s Merge and lower Bitcoin prices. See related article: Bitcoin mining difficulty dips 0.5% over two weeks after hitting record highFast factsIn the quarter that ended on Dec. 31,
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Crypto Miner Hive Blockchain's Posts Q3 Loss as Ethereum Merge Cuts Revenue, Mining Margin
The Canadian miner is launching its high-performance computing cloud business, which is 25 more profitable than mining. Source
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Crypto Miner Core Scientific Paid More Than $1M to CEO-Affiliated Personal Jet Company
"For efficient travel and use of time, Stone Tower Air is a charter flight company used in the past by Core Scientific for primarily transporting employees, clients, and potential clients between our data center sites in remote locations," which are often far from major airports, Chief Mining Officer Russell Cann
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Crypto Miner CleanSpark Extends Bear-Market Strategy, Buying 20K of Bitmain’s Newest Rigs
Once installed, the new machines will add 2.44 exahash/second (EH/s) to CleanSpark’s 6.6 EH/s of bitcoin mining power, a 37% increase. They will be delivered from the manufacturer to CleanSpark in batches by the end of May. CleanSpark plans to install 15,000 of them in its Washington, Georgia facility, which
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Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner – Mining Bitcoin News
Two residents of the Russian city of Tomsk will be tried for “large-scale robbery” involving the theft of cryptocurrency worth millions of rubles from a local miner. The digital coins were stolen from the owner at gunpoint, authorities said, adding that both criminals are now in custody. Thieves Face Trial
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Bitcoin Miner Hive Delays Latest Financial Filings Till Feb-End
Hive has applied the British Columbia Securities Commission for a management cease trade order, which restricts its CEO and CFO from trading shares until the filing has been completed. Source
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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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BTC miner CleanSpark on the hunt for further crypto miner fire sales
Bitcoin (BTC) mining firm CleanSpark is planning to continue its strategy of scooping up distressed mining company assets this year. The Bitcoin miner released its fiscal Q1 earnings presentation on Feb. 9, where the company said it remained optimistic about the coming year and continued growth.Chief Financial Officer, Gary Vecchiarelli, said
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