您现在的位置是:Celsius gets approval for a new Bitcoin mining plant >>正文
Celsius gets approval for a new Bitcoin mining plant
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛29人已围观
简介Celsius, a renowned crypto lender, has obtained crucial approval to go ahead with its plan of buildi...
![](https://coinjournal.net/wp-content/uploads/2022/07/1658231991482-3f8f0e73-791f-4ff3-8058-7a609ddffc86.jpg)
Celsius, a renowned crypto lender, has obtained crucial approval to go ahead with its plan of building a Bitcoin mining plant as it tries to find ways of returning it back to financial stability.
The value of Celsius assets decreased from $22.1 billion to $4.3 billion between March 30 and July 14, this year, with approx. $1 billion in third-party liquidations.
Celsius was brought down by the collapse of Terra LUNA and it has since been struggling to remain afloat something that forced it to file for Chapter 11 Bankruptcy in the US to as it tried to restructure. Prior to filing for Chapter 11, Celsius had tried a number of measures including ETH tokens from Bancor to settle its DAI loan with Aave so that it could free the WBTC it had provided as collateral. Celsius had borrowed 100 million DAI tokens on Aave forcing Marker DAI to disable DAI supply to Aave to avoid more exposure to Celsius.
The plan to build a Bitcoin mining facility is part of Celsius’ plans of stabilizing the company following its current financial crisis.
However, Celsius was recently sued for supposedly using customer deposits to rig the price of CEL tokens while failing to properly hedge risks. Therefore, the new venture of building a BTC mining plant will be widely watched seeing that Celsius is yet to resume withdrawals.
Investing $3.7M for the new Bitcoin mining plant
Celsius intends to invest a whopping $3.7 million in constructing the new Bitcoin mining facility and an extra $1.5 million in importing mining equipment and paying for customs.
Celsius already has a mining plant in the US that presently operates over 43,000 mining rigs. By adding a new mining facility, Celsius intends to increase the number of mining rigs that it shall be operating to 112,000 by the second quarter of 2023.
The increased mining operations will in return increase the number of bitcoins that Celsius will have something the company believes will be a source of finances.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/64853.html
相关文章
Crypto.com investigating multiple cases of "suspicious activity" involving user wallets
Celsius gets approval for a new Bitcoin mining plantThe exchange has not clarified the nature of the suspicious activity, but users are claiming mysteri...
阅读更多
First big winner in 2022, added value of 21%: buy POWR now
Celsius gets approval for a new Bitcoin mining plantPOWR is the token of Powerledger, a tech company that builds software for distributed and decentrali...
阅读更多
John Mack says crypto could play a huge role in the future
Celsius gets approval for a new Bitcoin mining plantFormer Morgan Stanley CEO John Mack believes that cryptocurrencies could become crucial to the monet...
阅读更多
热门文章
- BSV/USD Price Poised For An Upside To $180
- Cryptos bearish, Tesla up 13%, leads SPX500 to record high
- CoinLinked To Raise $5 Million Via A Regulated STO
- Former Twitter chief proposes fund to rouse Bitcoin developers
- Entrust Australia Partners With Hedera Hashgraph
- What next for Crypto.com (CRO) after a 7
最新文章
AllianceBlock launches its TIDV solution, integrates it on Fundrs
The 2 Metaverse tokens will be red hot in 2022
Top places to buy ZIL, the coin that went up 10% in 24 hours
Loopring vs. Polygon: which one is a better buy?
deVere Group CEO says IMF wrong on El Salvador Bitcoin
Kinesis Money Launches Virtual Crypto Card