Celsius' mining arm announces $1.3M sale of equipment
Celsius said it will be selling 2,687 MicroBT M30S ASIC rigs from its mining arm to California-based investment firm Touzi Capital.
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Celsius said it will be selling 2,687 MicroBT M30S ASIC rigs from its mining arm to California-based investment firm Touzi Capital.
In an email on Jan 6, Russell Cann, head of mining at Core Scientific, said the reorganization primarily affects the company's balance sheet, not operations at data centers.
Former CEO Alex Mashinsky withdrew about $10 million in crypto holdings, then resigned from the company last month.
Celsius crypto news today is seeing the company receiving the long-awaited go-ahead to start mining its way out of debt.
"In a world where the crypto market rebounds, the mining business has the potential to be quite valuable," a lawyer for Celsius said.