Key facts: A net loss of more than $860 million would be linked to the decision. According to Core Scientific, payroll and operating expenses increased. Core Scientific, a Bitcoin mining company, announced that it cut 10% of its workforce. Net loss of $860 million in profit, increased operating expenses, and a bitcoin bear market that …
Wave of layoffs hits another Bitcoin mining company Read More »
Key facts: Marathon prepares to operate 68,000 Bitcoin mining rigs in a short time. The company’s savings exceed 10,000 BTC, despite recent investments. According to the most recent report from Marathon, a highly engaged Bitcoin mining company, the second quarter of the year represented a period of losses. However, this situation did not prevent this …
This is how Bitcoin mining company prepares for the next bull market Read More »
Key facts: Marathon managed to produce 707 bitcoins in the second quarter of the year, 8% more than in 2021. Marathon seems faithful to the principle of hodling, like other mining companies. Marathon Digital Holdings, one of the largest Bitcoin mining companies in the United States, officially became a whale with more than 10 thousand …
Mining company becomes a “whale” with 10 thousand bitcoins held Read More »
By DailyBitcoin Editor RadioShack, a store that was once ubiquitous in US malls, has become a cryptocurrency company. *** RadioShack is now a cryptocurrency company The 100-year-old chain of stores seeks to reach a young audience The company had been twice declared bankrupt RadioShack Corporation is a well-known American company, which manages a chain of …
RadioShack is now a cryptocurrency company – DiarioBitcoin Read More »
Key facts: According to Compass Mining, they did pay what was owed. Dynamics rejects it. Compass Mining CEO says he will fight in court. Compass Mining, a Bitcoin mining company, lost its stake in a pair of mining facilities in the United States (USA), after the owner of these, Dynamics Mining, canceled the agreement that …
For USD 1.2 million debt, company loses Bitcoin mining facility Read More »
Key facts: A few days ago the Ethlot website went down and the company’s chat groups were removed. The scam may have cost as much as $10 million, stolen from some 2,000 investors. A scam or rug pull, but applied to Bitcoin (BTC) mining equipment, affected a thousand people in South Korea. A company reportedly …
A company that offered hosting to mine Bitcoin stole millions of dollars Read More »
By Hannah Perez The miner sold 3,000 BTC, almost half of its treasury of the flagship cryptocurrency, as part of a strategy to readjust its reserves amid falling prices. *** Bitfarms sold almost half of its BTC to reduce debt and increase its liquidity. The company still has 3,349 bitcoins, and it produces 14 BTC …
By Angel Di Matteo @shadowargel Is about Gazpromneft, Russia’s third largest oil company, which is allied with BitRiver to promote mining Bitcoin locally with the energy derived from its activities. *** Gazpromneft announce alliance with BitRiver in Russia. Mining centers will be installed near oil fields. According to BitRiver, Gazpromneft will contribute up to 2 …
Key facts: The oil producer will lend its energy capacity to mine Bitcoin. The BitRiver company, which will help the Russian state company, is sanctioned by the United States. A major Russian state-owned oil company will be venturing into Bitcoin mining through another company specializing in cryptocurrencies, according to reports. Gazpromneft is a company subsidized …
Russia’s Third Oil-Producing Company Will Mine Bitcoin Read More »