Bitcoin miner Foundry lays off staff amid restructuring
Foundry let go of 16% of US staff as part of a broader restructuring that includes spinning off its self-mining business. Source link
Bitcoin miner outflows surge as price hits new highs
Data from CryptoQuant showed that 25,367 BTC flowed out of miner wallets as Bitcoin approached $90,000 on Nov. 12. Source link
Bitcoin miner Greenidge Generation wins legal battle in New York
Greenidge Generation Holdings Inc. will continue operating its Dresden, New York, facility following a legal victory against the state’s Department of Environmental Conservation. According to a Nov. 14 press release, the New York Supreme Court ruled in favor of Greenidge, overturning the Department of Environmental Conservation’s denial of a Title V Air Permit. Judge Vincent […]
Bitcoin miner Sphere 3D refutes Gryphon’s claims of financial doubts: 'Disingenuous'
Sphere 3D refuted accusations made by Gryphon Digital Mining, requesting a block on millions of dollars on the grounds that Sphere was on the “verge of economic collapse.” Source link
Bitcoin miner bankruptcies will be less common this time around
Bitcoin mining bankruptcies won’t be as common post-halving thanks to a reduction in leverage trading and an uptick in mergers and acquisitions, says Hut 8 CEO Asher Genoot. Source link
Bitcoin miner CleanSpark plunges 10% after $800M share offering
Bitcoin miner CleanSpark fell 11% in after-hours trading on the Nasdaq after it filed to offer $800 million of CLSK stock. Source link
