NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Correction Timeline: Analyst Predicts Potential Bottom In October 2026
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Correction Timeline: Analyst Predicts Potential Bottom In October 2026

Alydian Asks Court For Deadline on Selling Their Bitcoin Mining Rigs

newsbtc
newsbtc
Last Updated: October 7, 2020 11:41 am
1 min read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Alydian Logo

Washington-based and now defunct company Alydian (a CoinLab project) is seeking to take offers on 36 mining rigs in three data centers they were hoping to use in their operation before things went south.

The company went out of business due to excessive debts, which is estimated to be in the neighborhood of $4 million. When bitcoin mining difficulty went up, the company found itself struggling — dealing with equipment less powerful than that of competitors.

Alydian officials haven’t said what they’re looking to sell for, but according to the Wall Street Journal, was told that they “may be sold for a minimum bid” of $2,000 per terahash, with 200 terahash up for grabs.

The company is reported to have mined just over 3,000 bitcoins with their rigs — not nearly enough to satisfy customer demand.

Papers filed at the United States Bankruptcy Court in Seattle, Washington requested that a judge allow until Jnuary 8th for offers on the equipment.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Sees Unusual Short-Term Supply Spike, Raising Bearish Flags

Since the short squeeze in mid-December, Bitcoin has yet to make any significant price gain, facing multiple rejections at the...

Semilore Faleti 14 hours ago
Bitcoin

Bitcoin Hovering In A Descending Range, But Alts Are Quietly Gaining Momentum

Bitcoin is holding steady within a descending range, showing little directional conviction, while several altcoins are quietly building strength. As...

Godspower Owie 21 hours ago
Bitcoin

Bitcoin 4-Year Cycle Is Dead: Crypto Trader Explains What Happens Next

According to a well-known crypto analyst, Bitcoin’s (BTC) long-standing four-year cycle can no longer dictate the direction of the crypto...

Scott Matherson 23 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

XRP

XRP Prepares For A Rally Nobody’s Rooting For—Analyst

Christian Encila 7 hours ago
Bitcoin price

Bitcoin Price Has Gone 1,079 Days Without Strong Selling Pressure — What’s The Current Record?

Opeyemi Sule 9 hours ago
Bitcoin

Here’s When Bitcoin Super Cycle Will Kick In — Analyst

Semilore Faleti 13 hours ago

Premium Sponsors

Press Releases

  • 仮想通貨 おすすめ:12月27日時点で注目されるXRP・ソラナ・カルダノ

    仮想通貨...

    2 days ago
  • 2025年に注目されるアルトコイン、ソラナやカルダノと並ぶ新興トレード型銘柄

    ...

    2 days ago
  • 2025年に関心が高まるico 仮想通貨、話題の新世代プロジェクトとは

    2025年に関心が高まるico...

    2 days ago
  • GameFiとミームコインが融合、Mine-to-Earn型新プロジェクトが2026年を牽引

    ...

    2 days ago
  • ビットコイン価格見通し:金・銀価格の上昇がBTCを押し上げる可能性──ビットコイン 今後、強気相場は間近か

    ...

    2 days ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.