Friday, January 2

Browsing: Compute

Mining

Behind the scenes of the ill-fated Compute North cryptomining project, Greenville officials pressed to seal the deal

12 October 20226 Mins Read

Compute North had planned to locate its cryptomining center on property owned by Ferrell Blount III, a member…

Blockchain

Bitcoin Miner Marathon Invested $31.3M in Bankrupt Data Center Compute North

6 October 20221 Min Read

The miner said, however, that its King Mountain and Wolf Hollow sites aren’t directly subject to Compute North’s…

Blockchain

Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured

23 September 20221 Min Read

In July, the lender asserted several “technical events of default,” which led to taking control of Compute North…

Mining

Compute North, which planned to build a cryptomining center in Greenville, declares bankruptcy

23 September 20225 Mins Read

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Blockchain

Bitcoin Miner Marathon Digital Downgraded at BTIG on Headwinds From Compute North’s Bankruptcy

23 September 20221 Min Read

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Market

Crypto-Mining Data Center Compute North Files for Bankruptcy, CEO Steps Down

23 September 20221 Min Read

CEO Dave Perrill stepped down earlier this month but will continue to serve on the board, the spokesperson…

Mining

The Crypto Winter’s Latest Casualty Is Data Center Firm Compute North

22 September 20222 Mins Read

(Bloomberg) — Compute North Holdings Inc., which provides data center services for cryptocurrency miners and blockchain companies, filed…

Mining

Compute North Files for Bankruptcy as Crypto-Mining Host Owes up to $500M

22 September 20223 Mins Read

Compute North, one of the largest operators of crypto-mining data centers, filed for bankruptcy and revealed that its…

Mining

Going South: Crypto Mining Company Compute North Goes Bankrupt

22 September 20223 Mins Read

Crypto mining data center company Compute North is the latest casualty in the ongoing harsh crypto winter that…

Blockchain

Bitcoin Miner Marathon to Start Energizing Texas Rigs at Compute North Facility

8 August 20221 Min Read

Compute North has now energized 40 megawatts (MW) of a 280MW wind-powered facility in Upton County in West…

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