Bankruptcy
Celsius lawyer says revival plans include $450M in seed funding
Plans for a relaunch have been underway since at least August.
Mike Dalton 2 min read
Mining News
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Regulation
NiceHash becomes latest crypto firm to leave U.K.
The cloud mining service is discontinuing services in the United Kingdom ahead of new FCA regulations.
Mining
Marathon Digital confirms it mined invalid Bitcoin block
The Bitcoin network rejected an invalid block at height 809478 that was later tied to a transaction ordering issue.
Latest Mining News & Analysis
Bankruptcy
Celsius seeks final approval for $45 million Core Scientific Bitcoin mining site
Celsius strides towards bankruptcy resolution with proposed $45m Cedarvale acquisition.
Analysis
Cautious optimism in Bitcoin miner activity as accumulation tentatively continues
Mining revenue stays above average offering fertile ground for Bitcoin miners.
Mining
Bitcoin Has Potential To Create ‘Energy-Abundant Future’ New Report Concludes
Bitcoin's energy intensity transformed into global energy transition catalyst, new exploration uncovers.
AI
Tether acquires 20% stake in German Bitcoin miner Northern Data in unusual equity deal: Report
In a convoluted multinational deal, Tether is reportedly buying thousands of GPU chips for a German crypto mining firm that wants to rent them out to startups—all handled through an Irish shell company.
Mining
Hut 8 shares climb as court approves merger with US Bitcoin Corp
Hut 8 stated that the deal was still subject to certain conditions.
Mining
F2Pool returns 19 BTC to Paxos after overpayment of over $500k
A recent erroneous Bitcoin transaction that led to an inflated transaction fee of $510,000, nearly 480,000 times the average network fee of $2.176, traced…
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Riot Platforms power strategy reaps $31.7M in Texas energy credits
Bankruptcy
US Bitcoin Corp to host 8,500 of Celsius’ mining rigs as part of asset management deal
Mining