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Generate Capital to Purchase Bankrupt Compute North's Assets in 2 Mining Sites
The loan secured from Generate Capital prompted Bitcoin miner Compute North to file for bankruptcy protection.
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Marathon Reveals Over $80m Exposure to Bankrupt Crypto Miner Compute North
Compute North, which filed for bankruptcy protection last month, owes as much as $500 million to at least 200 creditors. Now the crypto miner got over $80 million in funding from Marathon Digital Holdings Inc.
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Bankrupt Compute North Permitted by Court to Operate Key Functions
Compute North, a cryptocurrency mining startup that filed for bankruptcy last week has been granted a number of allowances to continue some aspects of its business operations
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Mining firm Compute North Files for Chapter 11 Bankruptcy
Crypto mining firm Compute North has filed for Chapter 11 bankruptcy protection in a federal court as it had been struggling to survive due to the market downturn.