Bitcoin miner Core Scientific files Chapter 11 ‘reorganization’ plan
The reorganization plan, if it is approved, will allow claims to be paid out.
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A top official of the Russian Federation has hinted that the country would legalize crypto mining activities by next year.
June 3 saw the largest miner transfer to exchanges in four years, with around a third of the volume coming from a single mining pool.
El Salvador's ambitious Volcano Energy project aims to create a global Bitcoin mining powerhouse fueled by renewable solar and wind energy.
CleanSpark is doubling down on its expansion plans and recently completed the acquisition of over 12,000 Bitcoin mining machines.
The significant uptick in Bitcoin transaction fees, thanks to Ordinals, accounted for 11.8% of the BTC Marathon Digital mined in May.
Bitfarms maintained that it remains cash flow positive despite selling majority of its mined Bitcoin in May.