Bitcoin mining firm Hut 8 gets judicial approval for USBTC merger

2023-9-18 22:31

Canadian Bitcoin mining giant Hut 8 secured pivotal judicial approval for its merger with USBTC. The British Columbia Supreme Court has granted the final judicial go-ahead for the union between Canadian Bitcoin miner Hut 8 and U.S. Bitcoin Corp (USBTC).…

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Объем 24H $24.668b

Изменеия 24h: -2.04 %, 7d: 4.22 %

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bitcoin usbtc judicial hut merger canadian mining

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Источник: btcmanager.com

bitcoin usbtc → Результатов: 9

US Bitcoin Corp to host 8,500 BTC miners for bankrupt Celsius

Data center operator US Bitcoin Corp (USBTC) has announced it will host 8,500 Bitcoin miners from the insolvent crypto lender Celsius at its Alpha Site.

2023-9-1 13:12	United States
bitcoin celsius miners 500 corp host insolvent

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US Bitcoin Corp announces a deal with Celsius Network

USBTC to host 8,500 miners belonging to Celsius at its Alpha Site. Hashrate of these machines is estimated to be 820 petahash (PH). Us Bitcoin Corp expects to be managing over 310,000 miners in total.

2023-9-1 23:15
miners bitcoin celsius corp petahash 820 estimated

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US Bitcoin Corp to host 8,500 of Celsius’ mining rigs as part of asset management deal

Data center operator US Bitcoin Corp (USBTC) will host 8,500 Bitcoin (BTC) miners with an estimated hashrate of 820 petahash (PH) belonging to bankrupt crypto lender Celsius at its Alpha Site, according to an Aug.

2023-9-1 21:15	Celsius
bitcoin celsius 500 corp host belonging 820

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TeraWulf increases self-mined BTC in Q2, while Hut 8 looks to USBTC merger

U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in Q2.

2023-8-15 16:47
btc terawulf bitcoin expanded miner mining 2023

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Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase

The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger with peer USBTC.

2023-6-27 18:13	lending
closing million deal shortly another peer usbtc

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USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets

The miner will receive $15 million management fee for the Celsius mining assets, which it will operate exclusively.

2023-5-26 03:57
celsius assets mining fee management million exclusively

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Bitcoin Miner Hut 8 Talks Operational Issues and USBTC Merger in Earnings Call

The Canadian mining firm has pulled 7,000 machines from a site due to litigation and is troubled by "electrical issues" at another site.

2023-3-9 21:09
issues site due machines litigation troubled another

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Bitcoin Miner BitNile Pulls 6,500 Rigs From Former Compute North Site

The miner signed a hosting deal with bankrupt Compute North in September for a site that is now managed by USBTC.

2023-2-10 16:45	Finance
site compute north miner bankrupt september usbtc

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Core Scientific reported a $210. 7 million net income for the first quarter on May 8. The change represents an increase of $211. 1 million from the first quarter of 2023, when the company reported a net loss of $0.

Bitcoin Mining Companies Report Production Decline As Market Dynamics Shift

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Miners capitulation looms if Bitcoin fails to recover significantly, CryptoQuant says

As summer looms, CryptoQuant warns that Bitcoin miners could face significant challenges ahead, particularly if prices fail to recover substantially during the warmer month. Despite Bitcoin‘s price dipping below the $58,000 mark and prompting weaker investors to sell at current…