Compute North sells assets for more than $1.5 million – Bits Media

The bankruptcy court allowed the operator of the data centers for the Compute North miners to sell assets more than $1.5 Milln Crusoe Energy Systems mining company.

Compute North will sell the company as assets 11 containers for placing mining equipment. 28 October Crusoe Energy made a deposit in the amount 187 000. Crusoe Energy controls the modular data processing centers, which are used to mining cryptocurrencies, consuming an excess of gas, oil.

While other mining companies are fighting for liquidity, Selling assets, Crusoe Energy is actively engaged in their buying. Recently, the company acquired miners and a Datasenter from its competitor Great American Mining, And in July, she concluded a deal with the Easter-Ens Electric Co electricity supplier.

Recall, that Compute North has filed a bankruptcy statement in September, stated, what he has from $100 million to $500 Milln as in appraisal obligations, and in estimated assets. He recently agreed to sell two mining enterprises to his former Generate Capital lender for $5 million.

The liquidity crisis in the cryptocurrency market forced the ARGO Blockchain mining company in October to begin the sale of the recently acquired equipment, and also start the search for new investors.