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BTC mining firm Compute North files for bankruptcy

Coin Telegraph LogoCoin Telegraph1w ago

BTC mining firm Compute North files for bankruptcy - Coin Telegraph

Quick Summary:

Compute North’s hosting partners Compass Mining have stated that the firm will continue to operate business as usual at this stage.

We are continuing to monitor the situation and will provide further updates as they become available,” noted Compass Mining.

Under a Chapter 11 filing, the firm is still able to keep its operations going as it works out a plan to repay creditors.


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Article Details

Author / Journalist: Cointelegraph By Brian Quarmby

Category: Crypto

Topics: Bitcoin Mining Compute North Bitcoin Mining Texas Compute North bankruptcy Crypto winter

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 06:31:28

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 3 minutes read

Article Length: 460 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 486212

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 27 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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