Bitcoin Miner Greenidge Generation Reaches Debt Restructuring Deal With NYDIG
The deal will involve NYDIG taking ownership of miners, with the aim to lessen chances of a bankruptcy.The deal will involve NYDIG taking ownership of...
Category : Miner
Bitcoin Miner Sell Pressure Reaches Six Year High
Bitcoin miners are selling their coins at a record pace after the top cryptocurrency by market cap fell to its lowest price in 2022 this...
Bitcoin Miner Riot Blockchain Posts Disappointing Quarterly Revenue
Bitcoin mining giant Riot Blockchain posted a net loss of $36.6 million. The Colorado-based company generated a revenue of $46.3 million â down by 28%...
Bitcoin Miner Iris Energy On Verge of $103 Million Loan Default
Yet another major North American Bitcoin miner is looking ill-prepared to pay off its debts before the end of the year. This time itâs Iris...
Public Miner Capitulation Takes Shape With Core Scientific On The Ropes
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive...
Bitcoin Miner Hosting Provider River Purchases 3,000 More Miners
River has purchased 3,000 miners expanding its hosting services. The company has thousands more miners scheduled for deployment this year. The majority of the purchased...
Bitcoin Miner Margins Get Squeezed As Price, Hash Rate Diverge
The bitcoin mining industry continues to exhibit a broad range of activity stretching from rapid expansion to extreme capitulation as the price of bitcoin falls...
Bitcoin Miner Stronghold Returns 26,200 Mining Rigs to NYDIG to Clear $67M Debt
Publicly-traded Bitcoin mining company Stronghold Digital Mining (SDIG) said it plans to return more than 26,000 mining rigs to New York Digital Investment Group (NYDIG)...
Bitcoin Miner Riot Q2 Update Underscores Market Conditions, Holds Over 6,000 BTC
The company still holds a large treasury and ramped up its infrastructure through a $14 million bitcoin sale and dumping over 30 million shares onto...
Miner Capitulation Is Putting Pressure On The Bitcoin Price
An excerpt from Bitcoin Magazine's Deep Dive: How Bitcoin miner capitulation is driving the bitcoin price down.The below is an excerpt from a recent edition...
