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.”

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