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Celsius considers issuing new token to repay creditors and exit bankruptcy

Celsius is looking to follow in the footsteps of Bitfinex as it has begun planning a rehaul and relaunch of the platform. The company is looking to un ....

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Crypto lender BlockFi plans to sell $160 million Bitcoin mining loans

BlockFi took a major hit last year following the collapse of FTX in November and Three Arrows Capital in Q2 2022. Filing for bankruptcy right after FT ....

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Bitcoin Mining Difficulty Soars 10% amid Growing Ecosystem Activity

The Bitcoin mining difficulty has surged by more than 10% since October 2022 a growth that is currently being powered by rising prices. ....

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Celsius' mining arm announces $1.3M sale of equipment

Celsius said it will be selling 2,687 MicroBT M30S ASIC rigs from its mining arm to California-based investment firm Touzi Capital. ....

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Bankrupt cryptocurrency company expected to continue mining operations in Grand Forks

In an email on Jan 6, Russell Cann, head of mining at Core Scientific, said the reorganization primarily affects the company's balance sheet, not operations at data centers. ....

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