Upstream Data Files Lawsuit Against Crusoe Energy Systems For Bitcoin Mining Operations

Canadian Bitcoin mining corporation Upstream Data Inc. has filed a patent infringement lawsuit against Delaware limited liability company Crusoe Energy Systems LLC in the United States District Court for the District of Colorado.  The lawsuit alleges that Crusoe has infringed on Upstream’s patent related to bitcoin mining technology used to convert stranded natural gas into [...]

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Further BTC mining consolidation as Crusoe acquires peer mining firm

Crusoe Energy Systems has just acquired the operating assets of Great American Mining, a sign that further consolidation could be ahead.

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Bitcoin Miner Crusoe Energy Acquires its Big Rival Great American Mining

The acquisition has brought companies with complementary capabilities, assets, and customer relationships to make Crusoe a big Bitcoin mining firm in the US. (Read More)

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Oman Government Buys Equity Stake In U.S Bitcoin Miner Crusoe

Oman Investment Authority increased investments in the U.S. firm as part of efforts to solve glaring concerns in the country. (Read More)

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Flared Gas Bitcoin Mining Pioneer Crusoe Energy Raises $505 Million

Crusoe Energy raised $505 million in a series C round led by G2 Venture Partners to help the miner expand and diversify its energy sources.

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Bitcoin Miner Crusoe Energy Secures 50 BTC on Newly Launched Liquidity Platform Block Green

Bitcoin miner Crusoe Energy has sold 50 BTC ($1.3 million) of future revenue on newly launched liquidity platform Block Green, the two firms told CoinDesk.Switzerland-based Block Green has built a marketplace where liquidity providers looking for bitcoin-native investments can buy future hashrate, or computing power, over a specified period of time. The liquidity platform includes

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