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3232Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius
https://www.digit.info/core-scientific-to-shut-down-37000-bitcoin-mining-rigs-belonging-to-bankrupt-crypto-lender-celsius/
Wed, 04 Jan 2023 22:30:47 +0000https://www.digit.info/2023/01/04/core-scientific-to-shut-down-37000-bitcoin-mining-rigs-belonging-to-bankrupt-crypto-lender-celsius/Read more]]>Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and hosting costs, as the crypto lender has been unable to make regular payments as outlined in the hosting contract. Celsius […]
]]>9,404 Crypto Mining Devices Seized by Iranian Authorities Since March
https://www.digit.info/9404-crypto-mining-devices-seized-by-iranian-authorities-since-march/
Thu, 25 Aug 2022 02:30:18 +0000https://www.digit.info/2022/08/25/9404-crypto-mining-devices-seized-by-iranian-authorities-since-march/Read more]]>Iranian authorities have seized nearly 10,000 illegal cryptocurrency mining devices since March. According to reports, many of the seized crypto mining rigs were operating in public locations that receive free or heavily-subsidized electricity, such as schools and mosques. Iran Confiscates Nearly 10K Crypto Mining Devices Kambiz Nazerian, head of Tehran Electricity Distribution Company, said Monday […]
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and hosting costs, as the crypto lender has been unable to make regular payments as outlined in the hosting contract. Celsius […]
Iranian authorities have seized nearly 10,000 illegal cryptocurrency mining devices since March. According to reports, many of the seized crypto mining rigs were operating in public locations that receive free or heavily-subsidized electricity, such as schools and mosques. Iran Confiscates Nearly 10K Crypto Mining Devices Kambiz Nazerian, head of Tehran Electricity Distribution Company, said Monday […]