Greenidge Generator has signed a non-binding term sheet with crypto lender NYDIG for a $74 million debt restructuring deal, as it continues to face liquidity issues due to the prolonged bear market.

Bitcoin (BTC) miner Core Scientific’s stock has soared nearly 200% in the past four days, following the positive reception for a Dec. 14 financing proposal from a current creditor who is hoping the firm can avoid bankruptcy.

Bitcoin miner CleanSpark is lowering its 2023 hashrate guidance from 22.4 EH/s to 16 EH/s because of build-out delays coming from its infrastructure partner, Lancium.

Bitcoin miner CleanSpark reported $26.2 million in revenue, missing the average estimate of $27.1 million. The non-GAAP net loss of $42.3 million was also worse than the estimate of $15.4 million for the three months ending in September.

Investment bank B Riley, one of bitcoin miner Core Scientific's (CORZ) top lenders, has proposed a new $72 million financing<b> </b>plan<b> </b>so that the struggling company can avoid bankruptcy.

Bitcoin miner Terawulf will grow faster than expected into early 2023 despite industry woes as it bumped its hashrate guidance for the first quarter of next year up 16%. Shares tumbled more than 30%.

Trading in shares of London-based Argo Blockchain (ARBK) was suspended in the U.K. and U.S. on Friday. The exact reason for the suspension was not disclosed, but it typically is due to the pending release of news.

Bitcoin miner 360 Mining raised $2.25 million in a new funding round and plans to deploy the funds to increase natural gas production and mining capacity.&nbsp;

Crypto miner Marathon is not looking to buy any assets from <a href="https://www.theblock.co/post/172246/compute-north-files-for-chapter-11-bankruptcy">bankrupt</a> hosting provider Compute North, after considering a bid for a stake in the 280-megawatt wind power facility in Texas where it runs a large portion of its machines.

Marathon Digital Holdings Inc. has hired advisers to help navigate a potential bid for its partner Compute North, a troubled crypto miner currently going through bankruptcy, according to <a href="https://www.bloomberg.com/news/articles/2022-12-07/miner-marathon-digital-eyes-compute-north-assets-hires-advisers">Bloomberg</a>. Marathon CEO Fred Thiel told Bloomberg his company had hired Guggenheim Partners and law firm Weil Gotshal &amp; Manges to advise on both its exposure to Compute’s bankruptcy and a potential bid for the bankrupt data center.