Wu said that according to TheMinerMag, Nathan Nichols, co-CEO of bitcoin mining company Rhodium Enterprises, has resigned as the company completed the sale of its Temple mine in Texas for $40.6 million in cash. Rhodium announced in an email to investors last week that Nichols has decided to resign, which will take effect after the New Year. Just a few weeks ago, Rhodium creditors filed a lawsuit against him and other co-founders, accusing them of fraud. Rhodium also informed investors that the company had previously received $15 million of a $30 million debtor-in-possession financing from Galaxy Digital. After completing the sale of the Temple mine on December 18, the company used $16 million of it to fully repay Galaxy debt, including fees and interest. In addition, Rhodium said on Friday that it is ready to resume its mining machine hosting contract at Riot's Rockdale mine after winning a legal battle with the custodian.