Out of Compute North’s Bankruptcy Rises a 300MW Bitcoin Miner With a Novel Energy Offering
Born out of the ashes of the Compute North chapter, the brand new enterprise goals to present purchasers management over ...
Tag: Compute
Compute North’s Reorganization Plan Approved by Bankruptcy Judge
Compute North filed for chapter safety in September as a result of it was unable to satisfy its debt obligations. ...
Bitcoin Miner Marathon Expects to Recover Less Than Half Its Deposit From Bankrupt Compute North
In different updates, Marathon stated it lowered its revolver borrowings to $30 million from $50 million and – after mining ...
Crypto Mining and Staking Firm Foundry Buys Some of Troubled Bitcoin Miner Compute North’s Assets
As half of the deal, Foundry can even have rights to fully construct out and function Compute North's facility in ...
Lender Generate Capital to Buy Bankrupt Bitcoin Miner Compute North’s Stake in Two Bitcoin Mining Facilities
The lender is paying $5 million in money and assuming liabilities related to the 2 websites, which complete 400 MW ...
Bitcoin Miner Marathon Invested $31.3M in Bankrupt Data Center Compute North
However, the miner mentioned its King Mountain and Wolf Hollow websites should not straight topic to Compute North’s chapter course ...
Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured
In July, the lender asserted a number of “technical occasions of default,” which led to taking management of Compute North ...
Bitcoin Miner Marathon Digital Downgraded at BTIG on Headwinds From Compute North’s Bankruptcy
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Crypto-Mining Data Center Compute North Files for Bankruptcy, CEO Steps Down
CEO Dave Perrill stepped down earlier this month however will proceed to serve on the board, the spokesperson added. Drake ...
Bitcoin Miner Marathon to Start Energizing Texas Rigs At Compute North Facility
Compute North has now energized 40 megawatts (MW) of a 280 MW wind powered facility in Upton County in West ...