Celsius Mining Owned 80,850 Mining Machines and Auctioned Approximately 7,000 Prior to Filing for Bankruptcy

Jul 17,2022
KingData News: According to Celsius bankruptcy filings, Celsius subsidiary Celsius Mining currently has 80,850 miners, of which 43,632 are in operation, and expects to operate 120,000 miners by the end of the year. Celsius Mining produced 14.2 bitcoins per day in the seven days leading up to July 14 and a total of 3,114 bitcoins were produced in 2021 and an estimated 10,118 bitcoins in 2022. Also according to BeInCrypto, Celsius sold about 7,000 mining devices in a confidential auction before filing for bankruptcy.
On June 13, digital asset lending platform Celsius Network announced that it would suspend all withdrawals, swaps and transfers between accounts due to extreme market conditions. On the same day, Etherscan data showed that Celsius transferred a total of approximately 111,815 ETH to FTX over the last three days. This indicator provides a real-time tracking of Celsius' funding crisis.
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