Latest from Aoyon Ashraf
Crypto Exchange Coinbase's Chief Product Officer Steps Down Amid Restructuring
Surojit Chatterjee will continue to serve in an advisory role through at least Feb. 3, 2023.
Bondholders of Troubled Bitcoin Miner Core Scientific Said to Be Working With Lawyers: Report
The company last week warned it may have to explore bankruptcy as its financial condition worsens.
Bitcoin Miner Compass to Host 27MW Worth of Mining Rigs at Solar-Powered Startup
Startup miner Aspen Creek Digital has 30MW worth of capacity at its Texas facility, making Compass one of its largest customers.
Bitcoin Miner CleanSpark Hikes 2022 Hashrate Guidance by 10%
The company now sees year-end computing power at 5.5 exahash per second, up 10% from the previous outlook.
Wall Street Analyst ‘Pulling the Plug’ on Bitcoin Miners Owing to Bear Market Woes
DA Davidson analyst Chris Brendler downgraded Core Scientific and Argo Blockchain from buy to neutral and said the bank has grown “increasingly concerned” about the miners.
Crypto Hardware Maker Fabric Systems Raises $13M in Seed Funding
Skype co-founder Jaan Tallinn's Metaplanet was among the investors.
Bitcoin Miner Crusoe Energy Buys Fellow Flared-Gas Operator GAM
Acquisition opportunities are arising amid a crypto bear market that is squeezing miners.
Crypto Services Firm Luxor to Offer Derivatives for Bitcoin Miners to Hedge Risk
The new product will be based on “hashprice,” a term coined by Luxor to refer to the revenue miners earn from a unit of hashrate.
Bitcoin Mining Is About to Get Tougher With Difficulty Primed for Another Sharp Rise
Miners with higher cost and large debt load will be weeded out by the crypto winter, according to industry experts.
Bitcoin Miner Marathon Invested $31.3M in Bankrupt Data Center Compute North
The miner also has about $50 million in security deposits and prepayment to Compute North for hosting Marathon’s bitcoin miners.
