Bankrupt hosting provider Compute North’s liquidation plan was approved by a judge with the U.S. Bankruptcy Court for the Southern District of Texas. While the company has already sold a m...
Tag: Norths
Bitcoin miner Marathon won’t bid on bankrupt Compute North’s assets, CEO says
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 ...
Generate Capital to Purchase Bankrupt Compute North’s Assets in 2 Mining Sites
According to bankruptcy filings on Tuesday, lending firm Generate Capital is purchasing Bitcoin mining hosting firm Compute North’s stake in two mega-mining facilities (a 300-megawatt (MW) facil...
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...
Bitcoin Miner Marathon Digital Downgraded at BTIG on Headwinds From Compute North’s Bankruptcy
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Compute North’s Business Goes South
Low bitcoin prices and rising energy costs have hurt mining companies Daily revenue for bitcoin miners has fallen 70% since the peak of November 2021, Arcana Research data showed Crypto mining data ce...