Bitcoin News / Bitcoinist - 2 years ago
Data shows Bitcoin miners have dumped around 7.7k BTC in the last week, resulting in an almost 10% decrease of their reserves in the period.
Bitcoin Miners Withdraw Large Amounts Following The Crash
As per the latest weekly report from Glassnode, the...
Cryptocoins News / The Cointelegraph - 2 years ago
Chinese Bitcoin mining firm Canaan posted a 90% over-the-quarter decrease in net income in Q3 2022, but it’s not the end of its business. Chinese cryptocurrency mining...
Bitcoin News / Google News Bitcoin - 2 years ago
Limestone Bitcoin miner at center of lawsuit secures more financing as price slides& & WJHL-TV News Channel 11
Cryptocoins News / The Cointelegraph - 2 years ago
Miners face an impossible situation if prices stay this low, which could result in a sell-off accompanied by a BTC price macro low. Bitcoin (BTC) miners could form the...
Bitcoin News / Bitcoin.com - 2 years ago
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loans. Iris Energy’s Form 6-K filing explains to the S...
Bitcoin News / Google News Bitcoin - 2 years ago
2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million – Mining Bitcoin News& & Bitcoin News
Bitcoin News / Bitcoin.com - 2 years ago
On Nov. 7, 2022, the bitcoin mining firm Core Scientific released the company’s October update after the company’s Form 8-K U.S. Securities and Exchange Commission (SEC) filing on Oct. 26, 2022. The filing noted that the company was in...
Bitcoin News / Google News Bitcoin - 2 years ago
Publicly Listed Bitcoin Miner Core Scientific Publishes Update After SEC Filing That Mentions 'Restructuring' – Mining Bitcoin News& & Bitcoin News
Cryptocoins News / The Cointelegraph - 2 years ago
The company is facing a cash flow crisis due to tough market conditions. According to a new filing with the United States Securities and Exchange Commission on Monday...