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Latest from Aoyon Ashraf
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.

Grayscale’s New Venture Aims to Capture Bear Market Opportunities in Bitcoin Mining
Digital asset mining and staking infrastructure firm Foundry,will manage the day-to-day operations of Grayscale’s new co-investment vehicle

Bitcoin Miner Merkle Increases Hashrate by 900% in 8 Months
The miner currently has 140 megawatts of total computing power in its two facilities.

SWIFT Partners With Crypto Data Provider Chainlink on Cross-Chain Protocol in TradFi Play
Interest from institutional investors moving into crypto has been “undeniable,” according to SWIFT’s Strategy Director.

Solar-Powered Bitcoin Miner Aspen Creek Raises $8M Despite Bear Market
Galaxy Digital and Polychain Capital led the Series A funding.

Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured
The company was financed by Generate Capital, which seized the data-center operator’s assets.

Compute North Files for Bankruptcy as Crypto-Mining Data Center Owes up to $500M
The company's CEO stepped down earlier this month and its COO will serve as the president.
