Born out of the ashes of the Compute North bankruptcy, the new venture aims to give clients control over their energy strategy.
Compute North’s Reorganization Plan Approved by Bankruptcy Judge
The hosting firm, one of North America’s largest, settled $250 million in secured debt and settled with about 11 companies.
Bitcoin hashrate recovers after big freeze shuts down miners
The Bitcoin network hashrate has returned to 241.29 EH/s after a temporary 38% fall to 170.60 EH/s from a weekly peak of 276.40 EH/s.
Marathon reports $80M exposure to bankrupt mining firm
Marathon has outlined that at this stage its operations hosted by Compute North will continue to operate as usual, and highlighted an improved BTC mining production in Q3.
BTC mining firm Compute North files for bankruptcy
Compute North’s hosting partners Compass Mining have stated that the firm will continue to operate business as usual at this stage.
Compass Mining to add 25,000 ASIC miners just weeks after staff cuts
The Bitcoin mining company plans to expand its fleet of mining devices comes on the back of staff lay-offs and executive salary cuts just weeks before.
Marathon inks new arrangements to achieve 2023 hash rate target
The Bitcoin mining firm is looking beyond its current troubles into next year to secure the energy it needs to make up a more significant portion of the network’s hash rate.
Compute North, Foundry Team Up to Target North American Bitcoin Miners
The partnership is designed to lower the high cost of entry for would-be bitcoin miners.