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” Bitcoin miner Core Scientific reportedly files for Chapter 11 bankruptcy “ Just days after creditors offered to help Core Scientific — a Bitcoin (BTC) mining company — avoid possible bankruptcy, reports emerged confirming the business’ inevitable fate. Core Scientific reportedly filed for Chapter 11 bankruptcy protection in Texas owing to falling revenue and BTC…
” Charges laid over alleged ‘crypto mining’ Ponzis that netted $8.4M “ United States prosecutors have laid charges in two separate cases against nine people who founded or promoted a pair of cryptocurrency companies alleged to be Ponzi schemes that netted $8.4 million from investors. On Dec. 14 the U.S. Attorney’s Office for the Southern…
” How hard has this bear market been for Bitcoin mining? Watch Market Talks on Cointelegraph “ On this week’s episode of Market Talks, Cointelegraph welcomes Drew Vosk, founder of VoskCoin, a cryptocurrency YouTube channel with over 607,000 subscribers. This week, we take a deep dive into all things crypto from the unique perspective of…
” Microsoft bans cryptocurrency mining on cloud services “ Cloud computing giant Microsoft is taking measures to increase stability of its cloud services by forcing new restrictions for activities like cryptocurrency mining. Microsoft has quietly banned crypto mining from its online services in order to better protect its customers and clouds, British technology news agency…
” Creditor offers Bitcoin miner Core Scientific $72M to avoid bankruptcy “ Financial services platform B. Riley has offered Bitcoin (BTC) miner Core Scientific $72 million in financing to avoid bankruptcy and preserve value for Core Scientific stakeholders. B. Riley, a top lender to Core Scientific with $42 million in loans currently outstanding, outlined the…
” Nasdaq warns Bitcoin mining firm Bitfarms about share price deficiency “ The Canadian Bitcoin (BTC) mining firm Bitfarms is facing compliance challenges over its listing on Nasdaq due to the ongoing cryptocurrency winter. Bitfarms received a warning notification from Nasdaq on Dec. 13 because the company’s share price has stayed below $1 for 30 consecutive…
” Argo Blockchain reports insufficient funds, ‘no assurance’ it can avoid Chapter 11 bankruptcy “ Crypto mining firm Argo Blockchain has reported it had been negotiating to sell assets and “engage in an equipment financing transaction” in an effort to avoid filing for bankruptcy. In a Dec. 12 announcement, Argo Blockchain said it was at…
” Bitcoin mining project in Kenya helps power rural community “ A hydro-powered crypto mining project based in Africa released an update on its efforts to bring energy developments to rural communities via Bitcoin (BTC). On Dec. 9, Gridless Compute tweeted photos and commentary on how their hydro-power BTC mining rigs are powering an entire…
” Bank of Russia wants to ban miners from selling crypto to Russians “ Own this piece of crypto history If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If…
” Blockstream raising funds for mining at 70% lower company valuation “ Own this piece of crypto history If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If you want…