Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low
The mining firm has a liquidity position of $4.5 million and outstanding loan principal of $138.5 million.
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Nov 14, 2022 at 10:56 p.m. UTC
Nov 14, 2022
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Bitcoin Miner Bitfarms Pays Down $27M of Debt
The miner is trying to improve its liquidity during the crypto market downturn.
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Nov 14, 2022 at 5:52 p.m. UTC
Nov 14, 2022
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Bitcoin Miner Cathedra Slashes Payroll Costs by Two-Thirds With Job, Salary Cuts
The Canadian company has also been liquidating bitcoin.
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Nov 14, 2022 at 3:24 p.m. UTC
Nov 14, 2022
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Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 Earnings
Riot said its revenues declined as it powered down its Texas operations amid surging electricity demand.
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Nov 7, 2022 at 11:52 p.m. UTC
Nov 7, 2022
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Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
The company has said it will default on the debt Tuesday unless it can reach a restructuring agreement with its lender.
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Nov 7, 2022 at 4:54 p.m. UTC
Nov 7, 2022
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RETRACTION: Compute North Did Not Pay Execs $3M on the Day It Declared Bankruptcy
The filing states the money was paid over the course of the year ended Sept. 22, not that day as CoinDesk reported earlier based on a mistaken reading of the document.
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Nov 3, 2022 at 12:15 p.m. UTC
Nov 3, 2022
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Crypto Miner Marathon Digital Mines Record 615 Bitcoin in October
Marathon increased its hashrate by 84% in October in setting its new monthly high.
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Nov 2, 2022 at 10:22 p.m. UTC
Nov 2, 2022
Lender Generate Capital to Buy Bankrupt Bitcoin Miner Compute North's Stake in 2 Bitcoin Mining Facilities
The lender is paying $5 million in cash and assuming liabilities associated with the two sites, which total 400 MW of operating capacity.
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Nov 1, 2022 at 8:01 p.m. UTC
Nov 1, 2022
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Crypto Mining Data Center Firm Soluna Tumbles After Capital Raise
The company raised about $2 million in a share sale.
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Oct 24, 2022 at 3:34 p.m. UTC
Oct 24, 2022
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Core Scientific Again Raises Bitcoin Mining Hosting Rates
The firm expects power costs to decline in the future, which will be reflected in its hosting rates.
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Oct 21, 2022 at 9:00 p.m. UTC
Oct 21, 2022