Crypto miner Marathon is not looking to buy any assets from bankrupt hosting provider Compute North, after considering a bid for a stake in the 280-megawatt wind power facility in Texas where it runs ...
Tag: compute-north
Marathon shares fall 7% after November operational update
Almost all of the bitcoin mining stocks tracked by The Block traded lower on Wednesday, and three firms saw double-digit declines. Bitcoin was trading at around $16,800 by market close, accordin...
Bankrupt Compute North selling $1.55 million in assets to Crusoe
Bitcoin mining hosting provider Compute North is selling 11 containers for around $1.55 million to Crusoe Energy Systems. The U.S. Bankruptcy Court in the Southern District of Texas, Houston Div...
Compute North’s CFO details the firm’s collapse amid first-day filings
A series of filings is providing more color on why Compute North filed for bankruptcy protection just one day after the firm began the Chapter 11 process. A hearing took place this morning to approve...
Compute North sued two months before declaring bankruptcy
Bitcoin mining host provider Compute North is facing a lawsuit from one of its partners for failing to return almost $1.4 million after an agreement went sour. NBTC Limited, a subsidiary of Chinese ga...