Compute North had filed for Chapter 11 bankruptcy in September.
Recent Bitcoin Mining News
Core Scientific recorded its second consecutive quarterly loss in Q3, which brings the firm's total loss this year to nearly
This will be the first time PoW crypto mining will be restricted in the United States.
Iris Energy is the latest cryptocurrency miner affected by the ongoing bear market.
Arkon Energy purchased the Norwegian BTC miner Hydrokraft AS and completed a $28 million fundraiser.
Marathon Digital now has 11,285 BTC, second only to MicroStrategy.
The American company is currently working on a 400-megawatt expansion at its Rockdale, Texas, facility.
Hive sold all of its ETH holdings after vowing to produce other GPU mineable coins following Ethereum shifts to Proof-of-Stake.
Iris Energy follows Core Scientific and Argo Blockchain as the latest industry heavyweight that will likely fail to pay off