Bitcoin mining pool Poolin Technology filed for Chapter 11 with $163.7 million in IOUs owed to wallet users. Its two Texas affiliates are seeking court approval for asset sales with opening offers worth $52 million. […]
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Singapore-based Bitcoin mining pool Poolin and two of its US affiliates filed for Chapter 11 bankruptcy in a New Jersey court on Wednesday. Poolin’s court filing shows that the mining pool operator has estimated liabilities […]
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Bitdeer (NASDAQ: BTDR) Technologies Group mined 990 bitcoin in June, up 7.5% from the previous month, as the company continued deploying its proprietary mining machines while expanding its artificial-intelligence cloud business. This article first appeared […]
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A US-based crypto mining venture raised about $22 million from more than 380 investors, then spent just 13 cents of every dollar on its purported mining operation, the SEC alleges. The regulator filed partially settled […]
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This article first appeared in Miner Weekly, a weekly newsletter by BlocksBridge Consulting, curating the latest news in energy, bitcoin, and AI compute from The Energy Mag. Subscribe to receive it in your inbox once […]
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