Core Scientific

There are a total of 21 articles associated with Core Scientific.
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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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Celsius owes the Texas-based miner some $7.8 million for power costs

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Amid bankruptcies, the fate of struggling crypto miners remains in flux, as some are better positioned to weather the crypto storm

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Core Scientific plans to continue mining bitcoin throughout its bankruptcy, triggered by slumping revenue and unpayable debts

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How long can bitcoin mining companies hold on to their coinbase rewards before being forced to sell?

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Binance offering to buy FTX has sent crypto stocks tumbling, with service providers and bitcoin miners taking the brunt of the selloff

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More miner suffering is likely to be had before more bankruptcies, consolidation, analysts say

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The crypto miner’s board has decided to skip upcoming payments and hire advisers to evaluate the company’s options

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The miner is cutting 10% of its workforce but expects to expand self-mining fleet by 36% in 2022

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Traders and fund managers are selecting which bitcoin mining stocks they think will survive the bear market

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Core Scientific is looking to bolster its balance sheet to help navigate the bear market

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