Latest from Eliza Gkritsi
Luxor Starts First-of-Its-Kind Bitcoin Mining Rig Marketplace for Large-Scale Orders
The market for mining machines is increasingly flooded with inventory from struggling companies.
Bitcoin Miner Greenidge Generation Restructures Another $11M of Debt
The deal with investment bank B. Riley includes a share sale and some additional time for repayments.
BankProv Stops Offering Loans Collateralized With Crypto Mining Machines
The crypto-friendly bank wrote off $47.9 million in loans last year, primarily mining rig-collateralized debt.
Digital Currency Group Owes Subsidiary Genesis Global Over $1.65B
Genesis filed for Chapter 11 bankruptcy protection Thursday, listing debts of roughly $3.5 billion.
China Launches Smart-Contract Functionality on Digital Yuan Through E-Commerce App Meituan
Through the smart contract, users can win part of a daily prize of $1,312 for using the digital yuan.
Bitcoin Miner CleanSpark Builds 50MW Additional Mining Capacity at Georgia Site
The mining firm will increase its computing power by 25% to 34% after the U.S. site goes online.
Solana Foundation, Ripple, GBBC and Others Form Partnership to Promote Crypto Solutions for Climate Change
Climate solutions "makes the most sense" for real-world applications of blockchain, a co-founder of the initiative told CoinDesk.
A Large Crypto Market Maker Is Already Distancing Itself From New 3AC Venture
The co-founders of bankrupt crypto hedge fund Three Arrows Capital is partnering with CoinFlex, which said the new company will be evolution of its "commitment to building open and transparent financial markets."
Hive Blockchain Deploys First Intel-Powered Bitcoin Mining Machines
The Canadian miner expects the machines to bring 110 to 130 terrash/second of computing power each.
Bitcoin Miner Bitfarms Warns of Default, Looks to Amend BlockFi Loan
The outstanding $20 million loan is secured by only $5 million in assets.