Compute North’s plan for liquidation of remaining assets approved by court

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...

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...