No ads, no sponsors, 100% Bitcoin community-funded. Support us here.

Bitcoin Mining Hosting Provider Compute North Has Filed for Chapter 11 Bankruptcy Protection in a Federal Court

Among Compute North's list of clients are some of the biggest bitcoin mining companies, including Marathon.

Bitcoin Mining Hosting Provider Compute North Has Filed for Chapter 11 Bankruptcy Protection in a Federal Court
  • Among Compute North's list of clients are some of the biggest bitcoin mining companies, including Marathon, which recently started energization at a colocated 280-megawatt bitcoin mining facility in West Texas. The two companies also closed an additional 42-megawatts hosting deal in July.
  • "Based on the information available at this time, it is our understanding that this filing will not impact our current mining operations," a Marathon spokesperson said. "We are in communication with the hosting provider and monitoring their progress as they work through this process."

https://www.theblock.co/post/172246/compute-north-files-for-chapter-11-bankruptcy
archive: https://archive.ph/jD0jV

Liked the article?

Sign up for No Bullshit Bitcoin

No Bullshit Bitcoin Is a Bitcoin News Desk Without Ads, Paywalls, or Clickbait.

No spam. Unsubscribe anytime.

Leave a comment

Join 39 000+ fellow Bitcoiners!

Follow us on Nostr