Compass Mining made an announcement that it’s going to lay off 15% of its workforce and reduce executives’ pay by as much as 50%. “At the moment, we now have…
Category: Bitcoin Mining Business
BitNile Holdings Pronounces $4 Million from XBTO for Bitcoin Miner Financing With an Further $4 Million Anticipated to Shut by the Finish of June 2022
Get immediate alerts when information breaks in your shares. Declare your 1-week free trial to StreetInsider Premium here. LAS VEGAS–(BUSINESS WIRE)– BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding…
Bitcoin Mining Agency Fires 15% Staff, Cuts Exco Salaries by 50%
15% of the workforce of Compass Mining shall be leaving the corporate. Senior staff and executives will now earn 50% lower than their present salaries. The CEOs of the corporate…
New York Invoice Goals To Restrict Fossil Gasoline Vitality Use For Crypto Mining
New York State Legislature has handed a invoice limiting fossil gasoline power utilization for crypto mining The New York State Legislature has handed a invoice that might impose a two-year moratorium on…
Bitcoin Mining Firm Compass Cuts Workers by 15%
Compass Mining introduced as we speak that it might cut back employees by 15% and cut back compensation for executives by as much as 50%. “Right this moment, we now…
Crypto mining might repair Texas energy issues in ‘nanoseconds’: Blockchain exec
FOX Enterprise’ Susan Li stories from Texas throughout a warmth wave and speaks with Chief Industrial Officer at Riot Blockchain Chad Harris about how the unlikely supply can assist. Chief…
Argo Blockchain the Newest Crypto Mining Agency to Dump Bitcoin
Argo Blockchain PLC has develop into the newest Bitcoin mining firm to have offered extra Bitcoin than it mined in a month. In line with a current replace, Argo offered…