MINING

 


The process that results in the release of certain amounts of a particular digital currency into its circulating supply. Mining is often the process that governs the verification of transactions and the addition of blocks to a blockchain.

Generate Capital to Purchase Bankrupt Compute North's Assets in 2 Mining Sites
The loan secured from Generate Capital prompted Bitcoin miner Compute North to file for bankruptcy protection.
Bitcoin Miner Digihost Under Risk of Delisting from Nasdaq
Crypto miner Digihost is under scrutiny and has been threatened with getting delisted by Nasdaq for trading below $1 for 30 consecutive days.
BTC Mining Hardware Startup Fabric Systems Raises $13M
Fabric Systems has said that the funds will be used to fund the development of two core launch products including a liquid immersion-cooled ASIC machine.
Crypto Firms Join Forces to Push for Stratum V2 Bitcoin Mining Upgrades
Spiral and Braiins lead efforts along with an industry working group to upgrade the current Stratum V1 protocol for miners.
City of Niagara Falls Forces Blockfusion Bitcoin Miner to Shut Down Operations
In Canada, the city of Niagara Falls claims that Blockfusion Bitcoin miner violates local laws and produces environmental disturbances.
Grayscale Launches Bitcoin Mining-Centered Investment Entity
Crypto asset management firm Grayscale plans to launch a new private co-investment opportunity in mining hardware that enriches the bitcoin ecosystem.
Bitcoin Miner Rhodium Plans to List on Nasdaq through Reverse Merger
Bitcoin miner Rhodium Enterprises is planning to list on Nasdaq under the ticker “RHDM” through a reverse merger with business consulting firm SilverSun Technologies Inc., Bloomberg reported on Sept 30.
Mining firm Compute North Files for Chapter 11 Bankruptcy
Crypto mining firm Compute North has filed for Chapter 11 bankruptcy protection in a federal court as it had been struggling to survive due to the market downturn.
Russia to Permit Partial Bitcoin Mining
Despite the back-and-forth stance toward crypto in Russia, serval Russian departments have reached a consensus that Bitcoin mining should be legalized in areas rich in electricity.
Maple Finance Loans $300m to help Struggling Bitcoin Miners
The lending fund is designed to support crypto mining firms impacted by the market downturn.

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