Gryphon Digital Mining

Despite the canceled merger between Gryphon Digital Mining and Sphere 3D, the two firms still intend on building out carbon-neutral Bitcoin mining operations. An April 4 joint statement from the two crypto mining companies revealed that scrapping the merger was a mutual decision “due to changing market conditions, the passage of time, and the relative financial positions of the companies.” The cancellation will apparently not stop either company from moving forward with plans on building carbon-neutral Bitcoin (BTC) mining facilities. The merger was announced last June and would have seen the two companies become one under the Gryphon name. It also would have made Gryphon a publicly-traded company by virtue of the fact that Canada-based Sphere 3D is already trading under the ANY ticker on ...