Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt
The bear market in crypto has taken a toll on the mining industry, particularly on leveraged firms, as high ...
Tag: Scientific
Bitcoin Miner Core Scientific to Borrow $70M From B. Riley
The firm said the loan will enable it to replace an existing facility and give it "up to 15 ...
Core Scientific to Shut Down Celsius Crypto Mining Equipment
Celsius is not only Core's largest customer, with more than 37,000 machines hosted in its facilities, but one of ...
BlackRock Gives Bankrupt Bitcoin Miner Core Scientific a New $17M Loan
BlackRock, which is Core Scientific's largest shareholder according to FactSet data, already held $37.9 million in secured convertible notes ...
Core Scientific, One of the Largest Bitcoin Miners, Files for Bankruptcy Protection
The company filed for Chapter 11 at Southern District of Texas bankruptcy court. The miner's estimated liabilities are between ...
Core Scientific to File for Bankruptcy, Continue Mining Through Process: Report
A source told CNBC that bankruptcy proceedings would not impact operations. Source link
What Did US Lawmakers Ask Miners Core Scientific, Riot, Marathon & Stronghold?
The four biggest US-based mining operations – Core Scientific, Marathon Digital Holdings, Riot Blockchain, and Stronghold Digital Mining – ...
Bitcoin Mining Giant Core Scientific Ended October with $32M in Cash
The miner was running 232,000 machines in its facilities as of the end of the quarter, accounting for 13 ...
Bondholders of Troubled Bitcoin Miner Core Scientific Said to Be Working With Lawyers: Report
Core Scientific's woes reflect the depressed state of the bitcoin mining industry, with firms facing the squeeze of a ...
Core Scientific to Suspend Payments as Cash Dwindles
The world's largest bitcoin miner said in a filing that it will not make payments that are due in ...
POPULAR NEWS
We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.