Greenidge Generation cuts debt by $61 million
The mining company Greenidge Generation reached agreements with B. Riley and NYDIG on debt restructuring, reducing it from about $87 million to around $26 million.All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
Greenidge Generation cuts debt by $61 million
The mining company Greenidge Generation reached agreements with B. Riley and NYDIG on debt restructuring, reducing it from about $87 million to around $26 million.
Bitcoin miner Core Scientific to secure $70 million loan from B. Riley
Core Scientific, the mining company in bankruptcy proceedings, reached an agreement with investment bank B. Riley to provide a loan of $70 million.
Bitcoin mining difficulty hits new all-time high
As a result of another difficulty adjustment, the mining difficulty of the first cryptocurrency rose by 4.68%. The metric reached a historical high at 39.35 T.
Class-action lawsuit filed against Argo Blockchain
Shareholders of Argo Blockchain filed a class-action lawsuit against the British mining company for concealing key information during the IPO and for false statements. The documents were filed with the United States District Court for the Eastern District of New York.
Kazakh Senate approves revised Digital Assets Law.
In Kazakhstan, a new edition of the Law on Digital Assets and four accompanying regulatory acts were approved.
Hut 8 Mining sues electricity provider
Canadian mining company Hut 8 Mining has filed a lawsuit in the Ontario Superior Court against electricity supplier Validus Power Corp. and its subsidiary Bay Power Corp. That is stated in a press release.
Cumulus Data completes first nuclear-powered Bitcoin mining centre at Pennsylvania’s Susquehanna nuclear power plant
Cumulus Data has completed work on a Bitcoin mining data centre connected to the Susquehanna nuclear power plant in Pennsylvania, United States.
Duma outlines how miners will be taxed
Taxation of miners in Russia will be carried out in the same way as other businesses and will depend on the form of their registration.
Blockstream raises $125 million to expand hosting services
The infrastructure company Blockstream announced the $125 million raise through a convertible note and secured loan.
Argo Blockchain avoids Nasdaq delisting
The British mining company Argo Blockchain has met Nasdaq's listing criterion — its shares will continue to trade on the exchange. This was stated in a press release.We use cookies to improve the quality of our service.
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