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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 […]
]]>Applied Blockchain Changes Name, Enters Purchase Agreement for Land in North Dakota
https://www.digit.info/applied-blockchain-changes-name-enters-purchase-agreement-for-land-in-north-dakota/
Sat, 27 Aug 2022 22:30:12 +0000https://www.digit.info/2022/08/27/applied-blockchain-changes-name-enters-purchase-agreement-for-land-in-north-dakota/Read more]]>This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the mining operation released 2022 financial results and operational updates that noted that the mining firm entered a purchase agreement on August 15 for land in North Dakota. Applied Digital Enters Purchase Agreement on August 15, […]
]]>Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month
https://www.digit.info/bitcoin-mining-operation-greenidge-generation-plans-to-be-carbon-neutral-next-month/
Fri, 14 May 2021 21:30:21 +0000https://www.digit.info/2021/05/14/bitcoin-mining-operation-greenidge-generation-plans-to-be-carbon-neutral-next-month/Read more]]>On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows the recent statements from Tesla and Square after the companies cited environmental concerns over bitcoin mining. New York-based Bitcoin Miner Aims to Be Carbon Neutral […]