Core Scientific Makes Progress Towards Bankruptcy Exit
Cryptocurrency miner Core Scientific said it has seen a boost in liquidity since filing for Chapter 11 bankruptcy and is...
core scientific
Core Scientific Expands Mining Fleet Post-Bankruptcy
Austin, Texas-based Core Scientific expanded an agreement with crypto miner LM Funding to host 900 more bitcoin mining machines. These...
Bitcoin Eats More Energy Than Ever. Rising Crypto Prices Aren’t All Good.
Text size Bitcoin mining is an energy-intensive process. Michal Bednarek/Dreamstime.com Investors have cheered a jump in cryptocurrency prices this year,...
Top TradFi Institutions Lent Millions to Crypto Miner Core Scientific
homenewsMarketsTop TradFi Institutions Lent Millions to Crypto Miner Core ScientificA court filing shows an ad hoc group of creditors, including...
5 Charts Showing How Brutal 2022 Was for Public Bitcoin Miners
Permissionless is the brainchild of Blockworks and Bankless. Over 5,500 people attended the inaugural event in 2022, making Permissionless the...
Core Scientific To Switch Off Celsius’ Miners, Freeing Space for Other Clients
Cryptocurrency miner Core Scientific said it can’t continue to bear the daily loss of keeping Celsius as a client, and...
Expect More Bitcoin Miners To Go Bankrupt in 2023
It’s no secret crypto miners are struggling, and more casualties are expected next year. But as the bear market trudges...
Bitcoin-based Core Scientific approved to get $37.5 million loan from current creditors
A US bankruptcy court has given interim approval to Bitcoin miner Core Scientific for access to a $37.5 million loan...
More crypto miners to fall after Core Scientific bankruptcy, say experts
US-based listed cryptocurrency mining firm Core Scientific on Wednesday filed for bankruptcy, blaming falling...
Bitcoin Miner Core Scientific Bankruptcy – Bitcoin Magazine
Core Scientific has officially filed for bankruptcy.The filing followed a decline in the firm’s operating performance and liquidity.The giant bitcoin...