Bitcoin miner Marathon Digital said that it paid down its revolver borrowings last month, freeing up bitcoin held as collateral and bringing its unrestricted holdings from 4,200 to 7,815 BTC. At...
Tag: Miner
Bitcoin Miner Core Scientific Reaches Agreement To Shut Off Celsius Mining Rigs
Core Scientific will shut off thousands of Celsius mining rigs, after the two bankrupt firms finally came to an agreement after months of dispute. One of the world’s biggest Bitcoin miners, Core Scien...
This Miner Sold 156% of Produced BTC in 2022
Vladislav Sopov Two public Bitcoin (BTC) mining companies were responsible for severe selling pressure last year Contents Bitfarms liquidated 156% of BTC produced Two waves of aggressive selling Amid ...
Bitcoin Miner Core Scientific Plans to Shut Down 37,000 Celsius Rigs
Troubled Bitcoin miner Core Scientific will shut down more than 37,000 crypto mining rigs belonging to bankrupt crypto lender Celsius Network as both firms finally reach an agreement in court. Core Sc...
Bitcoin miner Riot Platforms drops ‘blockchain’ in rebrand
Riot Blockchain, one of the largest bitcoin miners in the industry, is rebranding its name to Riot Platforms to reflect the company’s diversified business operations, it said in a statement on T...
Bitcoin miner Stronghold to convert $17.9 million of debt into equity
Bitcoin miner Stronghold reached an agreement with noteholders that will see $17.9 million of debt be turned into equity. The notes will be extinguished in exchange for a new series of convertib...
Bitcoin miner revenue down 37.5% in 2022 YoY
Bitcoin mining revenue was down to $9.55 billion in 2022 from $15.3 billion in 2021 – a 37.5% decline. Since the peak of a massive rally in 2021, cryptocurrencies have lost more than $2 trillion in ma...
Miner US Limited the Most Trustable and Certified Hash Mining Service
If you are interested to know more about Miner US Limited you can check out the : Miner US Limited Introduction Video What is Cloud Mining? Cloud mining is a method for mining a cryptocurrency, such ...
BlackRock Gives Bankrupt Bitcoin Miner Core Scientific a New $17M Loan
BlackRock, which is Core Scientific’s largest shareholder according to FactSet data, already held $37.9 million in secured convertible notes as of Wednesday. The latest $17 million is part of th...
BlackRock among bankrupt miner Core Scientific’s creditors
Investment firm BlackRock is among the largest creditors of bitcoin miner Core Scientific, which filed for Chapter 11 bankruptcy last week. Its subsidiaries committed $17 million of the new $75 ...
What is a Helium miner, and how does it work?
Key takeaways The Helium Network is the first to introduce a wireless network to mine crypto. In this network, nodes act as hotspot devices, allowing HNT mining. HNT hotspot mining became quite popula...
Galaxy Digital Bails Out Bitcoin Miner Argo Amid Bankruptcy Rumors
Bitcoin miner Argo Blockchain announced on Wednesday that it reached a deal with Galaxy Digital in an effort to avoid the threat of bankruptcy. Upon the agreement, Galaxy Digital will acquire Argo’s t...
BTC miner balances poised for selloff as sell pressure increases
Bitcoin (BTC) miner balances started at 1.82 million BTC at the beginning of the year. Despite peaks of capitulation and significant selloff volume, BTC miner wallets still sit at a flat 1.8 million B...
Bitcoin Miner Argo Blockchain Sells Texas Facility to Galaxy Digital for $65M
Bitcoin mining company Argo Blockchain announced it has entered into definitive agreements with Galaxy Digital Holdings that will see the miner sell its Helios facility in Dickens County, Texas. The d...
Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas – Coinotizia
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The foll...
Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas – Mining Bitcoin News
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The foll...
BTC ASIC miner Prices Hits Lowest Since 2020
ASIC miner is now available at a very low price for specialized mining equipment. Tier-I, Tier-II and Tier-III ASIC machines are available at 86.82%, 89.36% and 91% discounts, respectively. The disco...
Bitcoin Miner Greenidge Will Install Screens in Seneca Lake
Greenidge Generation Holdings Inc., once one of the largest public Bitcoin miners in the US, announced that it will install wire screens on its intake pipes in Seneca Lake. The firm is probably best k...
Crypto Miner Argo Blockchain Temporarily Suspended from Trading On NASDAQ
Nasdaq suspends trading of Argo Blockchain’s American Depositary Shares (ADS) per a December 27 press release. Argo requested Nasdaq for the suspension because it is making an announcement on 28th and...
Bitcoin Miner Argo Blockchain Will Avoid Bankruptcy With $100M Bailout From Novogratz’s Galaxy Digital
Bitcoin miner Argo Blockchain (ARBK) will avoid filing for bankruptcy protection after it agreed to sell its Helios mining facility in Dickens Country, Texas, to Galaxy Digital for $65 million. The mi...
Galaxy Digital injects $65 million into struggling bitcoin miner, Argo Blockchain
Argo Blockchain (ARBK), a bitcoin miner, will avoid filing for bankruptcy after deciding to sell Galaxy Digital (GLXY), the Helios mining plant in Dickens County, Texas, for $65 million. Galaxy Digita...
Why Is Bitcoin Miner Argo Blockchain Suspending Trading On NASDAQ?
Argo Blockchain, a Bitcoin mining and technology company, has been making desperate attempts to parry the effects of high energy costs and falling BTC prices – both kryptonites to its business. In fac...
Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading – Mining Bitcoin News
Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the company expects to make an announcement on Wednesday, Dec. 28, 2022. The compa...
Bitcoin miner Argo Blockchain halts trading its shares on NASDAQ
Argo Blockchain, a publicly traded bitcoin miner, is planning to suspend trading of its shares on NASDAQ for some time, promising investors a big announcement in January. Bitcoin mining firm Argo has ...
Bitcoin Miner Argo Blockchain Suspends Trading on NASDAQ
Bitcoin mining company Argo Blockchain has requested that trading of its shares and unsecured notes on the NASDAQ stock exchange be suspended until Wednesday. The embattled company, which trades on bo...
Bitcoin Miner Selling Power Plunges, Green Signal For Price?
On-chain data shows the Bitcoin miner selling power has plunged recently, a sign that could be positive for the crypto’s price. Bitcoin Miner Selling Power Has Plummeted In Recent Days As pointed out ...
Bitcoin miner Argo Blockchain suspends Nasdaq trading pending announcement
Bitcoin miner Argo Blockchain requested that trading be temporarily suspended on Nasdaq pending an announcement by Wednesday’s open. Trading is expected to resume on Wednesday, it said in ...
Bitcoin poised near $17K as miner outflow hits 11-month low
Bitcoin (BTC/USD) continues to struggle around $17,000 since it traded sharply lower at the start of November amid the FTX implosion. The benchmark cryptocurrency is currently positioned near $16,826 ...
Bitcoin ASIC miner prices hovering at lows not seen in years
Bitcoin ASIC miners — machines optimized for the sole purpose of mining Bitcoin — are currently selling at bottom-of-the-barrel prices not seen since 2020 and 2021, in what is being viewed as another ...
Bitcoin miner, Blockware, sued for deception and fraud
The London-based private firm, Faes & Company Limited, has filed a lawsuit against the bitcoin (BTC) miner firm, Blockware Solutions LLC. Faes, in a lawsuit filed at the United States District Cou...
Bitcoin miner Core Scientific to access $37.5 million loan
Bitcoin miner Core Scientific has been given temporary permission by a U.S. bankruptcy court to obtain a $37.5 million loan from its creditors. With financing, Core Scientific would maintain its hosti...