Tag: Machines
BankProv Stops Offering Loans Collateralized With Crypto Mining Machines
The crypto-friendly bank wrote off $47.9 million in loans, primarily mining rig-collateralized debt.
www.coindesk.com [...]
Sen. Ted Cruz Wants to Force Capitol Hill Vending Machines to Accept Crypto
But when it comes to actually introducing legislation that would move the needle on crypto regulation, Cruz is lagging behind other senators like Debb [...]
Compass Mining sued for losing Bitcoin mining machines bought by customers
Customers are suing Compass Mining for over $2 million, alleging fraud, after the company cut ties with Russian hosting company Bit River and failed t [...]
Hive Blockchain Deploys First Intel-Powered Bitcoin Mining Machines
More than 1,500 of the Intel-powered machines have already been installed across the miner's facilities in Canada and Sweden and they have met perform [...]
Iranian Courts Order Return of Thousands of Seized Crypto Mining Machines: Reports
In 2021, Iranian authorities banned mining and seized related equipment to deal with power shortages. Last year, the power utility, Tavanir, also clam [...]
Bitcoin Miner Iris Energy Says Some Machines Aren't Covering Financing Costs
The machines are owned owned by special purpose vehicles that aren't guaranteed by the parent company.
www.coindesk.com [...]
Bitcoin Miner CleanSpark Buys Another Batch of Mining Machines
The bitcoin miner has bought more than 26,500 mining machines and 116MW of facilities in the bear market.
www.coindesk.com [...]
Bitcoin Miner Sphere3D Downsizes Deal for Machines With BitFuFu
"The contract with BitFuFu was signed in late 2021 at the height of the Bitcoin market as a fixed price contract with no allowances for market price a [...]
Bitmain Discounts Bitcoin Mining Machines in an Already Depressed Market
Last year, miners were clamoring to sign advance contracts with Bitmain and its peers, MicroBT and Canaan, as a bull market sent the bitcoin price to [...]
Intuitive Machines going public via SPAC at near $1 billion valuation
The Nova-C lunar lander seen on April 26, 2022 during assembly for the IM-1 mission.Intuitive MachinesPARIS — Lunar-focused space company Intuitive Ma [...]
Bitcoin Miner CleanSpark Buys 10K New Machines for $28M After Discounts, Credits
"During the tail end of the bull market last year, we strategically focused on building infrastructure instead of following the then-industry trend of [...]
Bitcoin Miner CleanSpark Buys 36MW Facility and 3,400 Machines in Georgia for $25.1M
The facility will be CleanSpark's third in Georgia, the other two being in College Park and Norcross, both near Atlanta. The new site in Washington (p [...]
Iris Energy Turns On 41MW of Bitcoin Mining Machines Ahead of Schedule
The firm will be adding another 50MW by the end of next month, bringing its total hashrate to 3.7 EH/s.
www.coindesk.com [...]
Bitcoin App Developer Trust Machines Hires Coinbase, BNY Mellon Veterans
Trust Machines has hired Manas Mohapatra and Asiff Hirji, formerly of BNY Mellon and Coinbase respectively, in legal and advisory roles.
www.coindesk [...]
Google Cloud to detect crypto-mining malware on virtual machines
It’s a shot in the arm for Google Cloud users at risk of cryptocurrency mining attacks. The Google Cybersecurity Action Team (GCAT) has created a thre [...]