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Core Scientific Sold More Bitcoin in July Than It Mined
5.8.2022
The miner still holds 1,205 bitcoins and expects to continue to sell its mined coins to pay for expenses
Kraken Under Investigation, Unstoppable Crypto Unicorn, Coub.com Goes NFT + More News
27.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Kraken Under Investigation, Unstoppable Crypto Unicorn, Coub.com Goes NFT + More News
Core Scientific to increase ASIC server capacity by 75 MW
26.7.2022
The Nasdaq-listed Bitcoin miner expects to generate $50 million in annual revenue once the ASIC servers are fully operational
Bitcoin Miner Core Scientific Signs 75MW Hosting Deal
26.7.2022
Once all the ASIC servers are fully deployed, the agreement is seen generating about $50 million in annual revenue, said the company
Taiwan vs. Crypto, Uprise Might Compensate Some LUNA Losses + More News
22.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Taiwan vs. Crypto, Uprise Might Compensate Some LUNA Losses + More News
Bitcoin Miner Core Scientific Gets $100M Equity Financing Despite Bear Market
22.7.2022
The miner has the right but no obligation to sell the shares to investment bank B Riley
Crypto miners in Texas shut down operations as state experiences extreme heat wave
11.7.2022
ERCOT reported that wind generation in Texas was “generating significantly less," potentially leaving the state unable to meet energy demands during triple-digit temperatures
Ethereum's Step Towards PoS, Bitcoin Mining Difficulty, Binance's BTC Trading Fee Move + More News
6.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Ethereum's Step Towards PoS, Bitcoin Mining Difficulty, Binance's BTC Trading Fee Move + More News
Core Scientific sold $167M worth of Bitcoin holdings in June
5.7.2022
The sale left the firm with 1,959 BTC at the end of the second quarter, a more than 75% drop when compared with its reported 8,058 BTC holdings as of May 31
Core Scientific Sold Over 7K Bitcoins for About $167M in June, Sees More Sales
5.7.2022
Bitcoin miner Core Scientific plans to sell more self-mined bitcoins to cover expenses, growth and debt payments
Core Scientific Cites Crypto Market Turmoil in Lowering Its Growth Outlook
13.5.2022
The miner is also being approached with potential M&A deals as some other miners are struggling to finance their growth
Core Scientific Cuts Hashrate Outlook, Q1 Revenue Misses Estimates
12.5.2022
Despite the news, shares of the miner were up in after-hours trading
Decentralization is helping to shape the course of scientific research and business
10.5.2022
Decentralized science, dubbed DeSci, is creating new markets for knowledge and new opportunities on commercial markets
Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022
27.4.2022
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining...
Core Scientific Begins Reporting Daily Bitcoin Mining Production in Bid to Improve Transparency
18.4.2022
Earlier in April, a project by Block, Blockstream, and Tesla project revealed plans to publish real-time mining data
DeSci: Can crypto improve scientific research?
15.4.2022
Core Scientific strikes digital gold: Revenue up 800%, gross profit up 2500%
30.3.2022
The firm highlighted growth in hash rate, mining equipment sales, hosting revenue, digital asset mining income as key reasons for the improved performance
Bitcoin Miner Core Scientific’s Full Year Sales Rise to $545M, Beating Estimates
29.3.2022
The miner also reiterated its 2022 hashrate expectations
DCG Mining Subsidiary Foundry Joins Texas Blockchain Council to Help Shape Crypto Public Policy
29.3.2022
On Tuesday, Digital Currency Group’s (DCG) mining subsidiary, Foundry Digital, announced the company has joined the Texas Blockchain Council (TBC), a nonprofit industry association in the state of Texas. Foundry detailed the newly formed alliance is aimed at Foundry’s efforts...
Core Scientific Plans to Increase Hashrate to 42 EH/s By Year-End
7.3.2022
Miner says demand for its hosting capacity remains strong and continues to exceed available supply