# Compute North

ALL From Compute North

Compute North’s Reorganization Plan Approved by Bankruptcy Judge

A federal judge approved the final reorganization plan for effectively defunct crypto mining services firm Compute North, which was one of the largest in North America, setting the firm on track to become a shadow of what it once was.

Bitcoin Miner Marathon Won’t Bid on Bankrupt Compute North’s Assets, CEO Says

Crypto miner Marathon is not looking to buy any assets from bankrupt 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 Considers Acquiring Compute North (Report)

One of the largest cryptocurrency miners – Marathon Digital – has reportedly hired restructuring specialists to clarify its exposure to the troubled data center Compute North Holdings. 

Bitcoin Miner Marathon Hired Advisers to Help Bid for Its Partner Compute North

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 Bloomberg. Marathon CEO Fred Thiel told Bloomberg his company had hired Guggenheim Partners and law firm Weil Gotshal & Manges to advise on both its exposure to Compute’s bankruptcy and a potential bid for the bankrupt data center.

Bitcoin Miner Marathon Expects to Recover Less Than Half Its Deposit From Bankrupt Compute North

Marathon Digital (MARA), one of the largest publicly traded bitcoin miners, expects to recover only $22 million of the $50 million it deposited with bankrupt bitcoin miner and data center provider Compute North.

DCG’s Foundry Digital Buying Compute North Facilities Amid Possible Genesis Bankruptcy

DCG's Foundry Digital is buying two cryptocurrency mining facilities and other assets from Compute North. It has an option to acquire a third facility that is under development.