A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes
The situation is further disrupting the economics of a sector already hit by low crypto prices and high energy costs.
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Oct 14, 2022 at 5:09 p.m. UTC
Oct 14, 2022
Mining Centers
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Bitcoin Miner Crusoe Energy Buys Fellow Flared-Gas Operator GAM
Acquisition opportunities are arising amid a crypto bear market that is squeezing miners.
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Oct 12, 2022 at 1:58 p.m. UTC
Oct 12, 2022
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Blockfusion's Crypto Mine in Niagara Falls Shut Down Due to Zoning Ordinances
As soon as the city's moratorium on the industry was lifted, Blockfusion was ordered to shut down over zoning issues.
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Oct 11, 2022 at 1:12 p.m. UTC
Oct 11, 2022
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Bitcoin Miner Rhodium Going Public Through Reverse Merger With SilverSun Technologies
Rhodium in January postponed what were then plans for an IPO at as much as a $1.7 billion valuation.
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Sep 29, 2022 at 4:54 p.m. UTC
Sep 29, 2022
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Bitcoin Miner Core Scientific Should Weather Crypto Storm, Analyst Says
Compass Point cites the company's access to capital as it rates the stock at buy with a $4 price target.
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Sep 27, 2022 at 2:41 p.m. UTC
Sep 27, 2022
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Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured
The company was financed by Generate Capital, which seized the data-center operator’s assets.
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Sep 23, 2022 at 5:45 p.m. UTC
Sep 23, 2022
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Bitcoin Miner Iris Energy Signs Up to $100M Equity Deal With B. Riley
B. Riley previously signed a similar deal with Core Scientific in July, under which the miners have the rights but no obligations to sell the shares to the investment bank.
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Sep 23, 2022 at 2:11 p.m. UTC
Sep 23, 2022
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Amid Market Rout, Crypto Miners Are Still Building
Crypto miners are still developing innovative data centers despite a souring market that has some miners struggling to survive.
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Sep 21, 2022 at 6:20 p.m. UTC
Sep 21, 2022
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Riot Blockchain Sues Northern Data Over Disclosures Related to Texas Bitcoin Mine Acquisition
This is the second lawsuit related to the giant Texas mine that Riot acquired last year.
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Sep 21, 2022 at 5:28 p.m. UTC
Sep 21, 2022
Bitmain Discounts Bitcoin Mining Machines in an Already Depressed Market
Prices for bitcoin mining rigs have fallen by about 70% this year.
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Sep 21, 2022 at 12:23 p.m. UTC
Sep 21, 2022