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 Price To Recover $100,000: BTIG Cites Key Reasons For Optimism
  • 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 Price To Recover $100,000: BTIG Cites Key Reasons For Optimism

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 Maxi Says ATH Back On The Table After 40x Derivatives Surge

Bitcoin may be closing in on a new all-time high after moves in the derivatives market and fresh buying from...

Christian Encila 7 hours ago
Ethereum price news

Ethereum Fusaka Will Be ‘The Most Bullish Upgrade’ Ever, Pundit Claims

A pseudonymous analyst has set off a new narrative around Ethereum’s upcoming Fusaka upgrade, arguing it could be the most...

Jake Simmons 9 hours ago
Bitcoin

Bitcoin To Hit $1.5M? Cathie Wood Says It’s Only A Matter Of Time

Cathie Wood, founder and CEO of ARK Invest, reiterated a bold forecast that Bitcoin could reach $1.5 million by 2030....

Christian Encila 10 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

bitcoin-36-percent-pullback-hidden-opportunity-value-layer2-acceleration-cycle

比特幣回調36%後的深層契機:情緒拋售背後的真正價值與Layer2加速周期

Kelvin Lee 4 hours ago
BTC, Bitcoin

Will Bitcoin (BTC) End 2025 In Green? November Close May Hold The Key

Rubmar Garcia 5 hours ago
Ethereum

Here’s Why Ethereum Emerges As The Global Capital Rails For On-Chain Finance

Godspower Owie 6 hours ago

Premium Sponsors

Press Releases

  • ドージコイン 今後:上昇一服も、強気トレンドが終わらない理由

    ドージコイン...

    13 hours ago
  • リップル 今後:ETF資金流入が伸び悩む中、XRPに何が起きているのか?

    リップル...

    13 hours ago
  • 仮想通貨 プレセール:次世代ウォレット系トークンの調達額が1,800万ドルに到達、残り3時間に迫る

    仮想通貨...

    14 hours ago
  • 仮想通貨 おすすめ:市場回復の中で VIRTUAL が再び1ドル台へ上昇

    仮想通貨 おすすめ:市場回復の中で VIRTUAL...

    14 hours ago
  • 新しい仮想通貨:2026年強気相場の予測広がる中、ビットコイン市場心理が回復しプレセール資金が急増

    ...

    14 hours 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.