Crypto Currency

Core Scientific To Sunset 37,000 Celsius Bitcoin Mining Machines

Summary: Lawyers representing the Bitcoin miner said the company was losing north of $53,000 daily due to a hosting agreement with Celsius. The company will shutter hosting services for 37,000 Bitcoin mining rigs owned by the defunct crypto lender. Both companies filed for bankruptcy following a harsh year for crypto asset prices in 2022. …

Published 4 years ago in
Core Scientific To Sunset 37,000 Celsius Bitcoin Mining Machines

Summary: Lawyers representing the Bitcoin miner said the company was losing north of $53,000 daily due to a hosting agreement with Celsius. The company will shutter hosting services for 37,000 Bitcoin mining rigs owned by the defunct crypto lender. Both companies filed for bankruptcy following a harsh year for crypto asset prices in 2022. …
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Crypto Currency

Bitcoin ETFs shed record $6.4B in 30 days amid crypto winter chill

US-listed spot Bitcoin exchange-traded funds saw their biggest 30-day net outflow since launching in 2024, coming as Bitcoin fell 17% over the past month…

Published 9 hours ago in
Bitcoin ETFs shed record $6.4B in 30 days amid crypto winter chill

US-listed spot Bitcoin exchange-traded funds saw their biggest 30-day net outflow since launching in 2024, coming as Bitcoin fell 17% over the past month…
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Crypto Currency

‘Bitcoin Rodney’ Pleads Guilty in $1.8B HyperFund Fraud Case

The U.S. Department of Justice (DOJ) announced on June 17 that Rodney “Bitcoin Rodney” Burton, 56, of Miami, has pleaded guilty to conspiracy to operate an unlicensed money transmitting business The post ‘Bitcoin Rodney’ Pleads Guilty in $1.8B HyperFund Fraud Case appeared first on NFT Evening…

Published 9 hours ago in
‘Bitcoin Rodney’ Pleads Guilty in $1.8B HyperFund Fraud Case

The U.S. Department of Justice (DOJ) announced on June 17 that Rodney “Bitcoin Rodney” Burton, 56, of Miami, has pleaded guilty to conspiracy to operate an unlicensed money transmitting business
The post ‘Bitcoin Rodney’ Pleads Guilty in $1.8B HyperFund Fraud Case appeared first on NFT Evening…
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Crypto Currency

300 crypto machines seized

More than 300 cryptocurrency mining machines were seized during raids on illegal Bitcoin mining operations across five northeastern provinces, with total losses estimated at

Published 9 hours ago in
300 crypto machines seized

More than 300 cryptocurrency mining machines were seized during raids on illegal Bitcoin mining operations across five northeastern provinces, with total losses estimated at

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Crypto Currency

Bitcoin miner Bitdeer mined 921 BTC, but its smaller stash raises a bigger question

The miner’s AI cloud growth may reduce sell pressure, but May data shows Bitcoin retention still lagging. The post Bitcoin miner Bitdeer mined 921 BTC, but its smaller stash raises a bigger question appeared first on CryptoSlate…

Published 9 hours ago in
Bitcoin miner Bitdeer mined 921 BTC, but its smaller stash raises a bigger question

The miner’s AI cloud growth may reduce sell pressure, but May data shows Bitcoin retention still lagging.
The post Bitcoin miner Bitdeer mined 921 BTC, but its smaller stash raises a bigger question appeared first on CryptoSlate…
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