Core Scientific
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Miners may not be as tied to bitcoin as they once were, but maybe that’s exactly what investors want
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The high-performance computing market is big enough for multiple bitcoin miners to win there, Hut 8 CEO says
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As market digests a rate decision that many priced in, the key figure seems to be committee members’ long-term outlook
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Bitcoin miner is in discussions with other potential clients as it plans to use another 300 MW of capacity to support high-performance computing
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Industry players plot continued scale, revenue diversification and a focus on high-performance computing as part of long-term plays
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The mining giant is looking to purchase machines from struggling sector companies following next month’s Bitcoin halving
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Core Scientific said the possible revenue from its multi-year deal with cloud provider CoreWeave exceeds $100 million
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Bitcoin miners can incentivize the buildout of the continent’s power sources by serving as the customers of such projects, Marathon Digital exec says
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Winter storms contribute to month-over-month declines in BTC production as the bitcoin halving approaches
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Core said Tuesday that it had emerged from “from Chapter 11 with a strengthened balance sheet” and shares re-hit the Nasdaq Wednesday
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The company seeks to emerge from bankruptcy on Jan. 23 and re-list its shares on Nasdaq the following day
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FTX, Genesis, Core Scientific and Voyager continue to move forward with bankruptcy proceedings
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The top performers with respect to realized hash rate gains in Q3 were Bitdeer, CleanSpark and Marathon Digital
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The investment is part of a larger agreement that includes the supply of 27,000 Bitmain bitcoin miners
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CEO Adam Sullivan spoke to Blockworks about the latest with Core Scientific at the Permissionless conference in Austin, Texas
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This comes as a result of a monthslong bankruptcy battle between Core Scientific and Celsius
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Adam Sullivan started mining bitcoin on the side in 2016 — now’s he’s the CEO of one of the biggest bitcoin mining companies in the world
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Core Scientific has been navigating bankruptcy for the past eight months, and it plans to emerge from Chapter 11 later this year
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Crypto stocks including Coinbase and Riot are posting robust gains, propelled by a strong showing for bitcoin over the year to date
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The miner anticipates a promising liquidity boost of $46 million, surpassing the initial budget outlined during the filing process
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Core Scientific will soon be operating over 207,900 bitcoin mining machines in total after a newly expanded contract with LM Funding
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A court filing shows an ad hoc group of creditors, including Apollo, BlackRock, and MassMutual, acquired secured convertible notes issued by the miner
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Some Bitcoin mining companies might be going bankrupt, but others are hanging onto massive treasuries
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