Out of Compute North’s Bankruptcy Rises a 300MW Bitcoin Miner With a Novel Energy Offering
Born out of the ashes of the Compute North bankruptcy, the new venture aims to give clients control over their energy strategy. Original Source
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Miner
Russia becomes second-largest Bitcoin mining hub after US, claims local miner
Russia has now reportedly become the second-largest country in the world in terms of Bitcoin (BTC) and cryptocurrency mining, with the United States maintaining its position as the leader. Nevertheless, the lack of clear regulations regarding cryptocurrencies in the United States may lead to a potential market distribution shift.According to
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Former Ethereum miner CoreWeave raises $221M in Series B
On Apr. 20, specialized cloud provider CoreWeave announced that it had secured $221 million in a Series B funding round, putting the company on track to expand operations and increase capacity in various emerging technologies. The raise was led by Magnetar Capital with contributions from NVIDIA and rounded out by Nat
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Bitcoin Miner Mawson to Sell Texas Sites for $8.5M to Singapore Fund Manager
Luna Squares LLC, a separate subsidiary, hosted about 10,000 machines for bankrupt crypto lender Celsius Network as of the end of December, according to court filings. Celsius loaned $20 million to Mawson in February 2022, and the two firms discussed another $20 million loan last June. Source
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Bitcoin Miner Bitdeer Stock Slumps Nearly 30% at Trading Debut
Bitdeer's, along with other bitcoin miners, financial performance deteriorated in 2022, in part due to worsening market conditions. The firm reported revenues of $330.3 million, and a loss of $62.4 million for 2022, compared with $394.7 million in revenue and a profit of $82.6 million the year before, according to
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Bitcoin Miner Stocks Continue Torrid Run as $30K Level Holds
Fresh economic data Thursday morning suggested slowing in both inflation and jobs growth. Source
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Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal – Bitcoin News
According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining firm is scheduled to go public through a special purpose acquisition company
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Crypto Miner Core Scientific Appoints a New President
Crypto hosting and mining company Core Scientific (CORZ) has appointed crypto veteran Adam Sullivan as its new president, a court filing shows. Source
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Bitcoin Miner Sphere 3D Sues Partner Gryphon Digital
The complaint, filed with the Southern District of New York on Friday, alleges Gryphon CEO Rob Chang wired 18 of Sphere 3D's bitcoin to an address belonging to a fraudster who masqueraded as Sphere 3D's chief financial officer in January, and another eight bitcoin to the same address a few
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Bitcoin Miner Marathon Digital’s CFO to Retire After One Year
The move comes as bitcoin miners have gone through a difficult year, with bitcoin prices sinking and higher energy prices driving up costs, which weighed on their profit margins. Marathon's stock price has fallen about 71% in last 12 months, while bitcoin fell about 40%, according to TradingView data. Source
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