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After Dismissing Staff, Compass Mining Deploys 25,000 Additional ASIC Miners

The American-based bitcoin miner – Compass Mining – intends to add 25,000 ASIC miners to its facility in Granbury, Texas. The deployment is scheduled for August as it will be…

Continue ReadingAfter Dismissing Staff, Compass Mining Deploys 25,000 Additional ASIC Miners

Bitcoin Dropping to $20K Was the Nail in the Coffin for 3AC, Founders Share

Su Zhu and Kyle Davies – Co-Founders of the distressed cryptocurrency hedge fund Three Arrows Capital (3AC) – explained that accumulative lending agreements and the collapse of the digital asset…

Continue ReadingBitcoin Dropping to $20K Was the Nail in the Coffin for 3AC, Founders Share