#compute north

BitNile is relocating more than 6,500 Bitcoin miners as a result of Compute North’s bankruptcy. Ault Alliance, a diversified holding company, announced that its subsidiary, BitNile, is moving 6,572 Bitcoin miners from a hosting facility in Texas to its Michigan data center.  The decision to move the miners was made as a result of the Chapter 11 bankruptcy filing of Compute North, whom BitNile…

Bitcoin hashrate recovers after big freeze shuts down miners

The Bitcoin network hashrate has returned to 241.29 EH/s after a temporary 38% fall to 170.60 EH/s from a weekly peak of 276.40 EH/s.

This bankrupt mining company may get through the crypto winter thanks to…

Cryptocurrency mining firm Foundry is all set to acquire two turnkey cryptocurrency mining facilities with a total capacity of 17 MW. Foundry will acquire these from the bankrupt mining company Compute North. Furthermore, it will also acquire another mining facility that is under development. These details were shared by Foundry Digital through a press release […]

Compute North files for chapter 11- Here’s everything you need to know

Compute North has become the latest crypto firm to succumb to the ongoing bear market. One of the largest crypto mining data centers, Compute North has filed for voluntary Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas. More on Compute North Compute North had a network of data centers […]

BTC mining firm Compute North files for bankruptcy

Compute North’s hosting partners Compass Mining have stated that the firm will continue to operate business as usual at this stage.

Compass Mining to add 25,000 ASIC miners just weeks after staff cuts

The Bitcoin mining company plans to expand its fleet of mining devices comes on the back of staff lay-offs and executive salary cuts just weeks before.

Marathon inks new arrangements to achieve 2023 hash rate target

The Bitcoin mining firm is looking beyond its current troubles into next year to secure the energy it needs to make up a more significant portion of the network’s hash rate.

Marathon Expands Miner Deployment Deal With Compute North, Aims to Power 100K+ Miners With Renewables

Marathon Digital Holdings, a Nasdaq-listed bitcoin mining-based company, has announced a new deal with Compute North, a data center service provider, to host more than 100,000 mining machines in its data centers. The deal is an expansion of an earlier deal that secured positioning for 73,000 mining machines in Texas. Now, the new partnership secures hosting for all of these machines, to be…