Search
Troubled Bitcoin Miner Core Scientific's Shares Continue to Plunge on Bankruptcy Risk
28.10.2022
Shares of bitcoin miner Core Scientific (CORZ) fell another 14% Friday after a rough week amid financial woes and analyst downgrades
Leading Public Bitcoin Miner Core Scientific to File for Bankruptcy
28.10.2022
The major publicly listed Bitcoin (BTC) mining company Core Scientific has admitted it could run out of money by the end of the year, and that bankruptcy is a possibility.
The company’s liquidity position has taken a major hit this year, as prices of Bitcoin have plummeted from a peak of around...
Celsius bankruptcy case Trustee slams $3M employee bonus motion
28.10.2022
The Trustee has objected to the retention bonus, citing a lack of sufficient information within the motion to warrant such a high payout and a lack of clarity around whether any recipients should be considered insiders
Core Scientific reveals financial distress in SEC filing, says its end may be near
27.10.2022
The Bitcoin miner says low BTC and high electricity rates and Celsius’ refusal to pay its bills could be its undoing; the company’s BTC holdings have dropped from 8,058 in May to 24 now
Core Scientific to Suspend Payments as Cash Dwindles
27.10.2022
The world's largest bitcoin miner said in a filing that it will not make payments that are due in the next few days
Core Scientific Again Raises Bitcoin Mining Hosting Rates
21.10.2022
The firm expects power costs to decline in the future, which will be reflected in its hosting rates
Celsius Network defaults on payments to Core Scientific, causing financial unrest
21.10.2022
Core Scientific claims to be losing approximately $53,000 per day to cover the increased electricity tariffs that Celsius refuses to pay
Crypto Miner Core Scientific Will Defend its Interests in Celsius Bankruptcy
12.10.2022
Crypto hosting and mining company Core Scientific (CORZ) has issued fired back at Celsius Mining over allegations it is violating the beleaguered firm's bankruptcy filing
Bitcoin: Barclays es optimista y ve a la minera Core Scientific como la mejor apuesta de apalancamiento
4.10.2022
Barclays inicia cobertura de la compañía minera de bitcoin con calificación de compra equivalente
Barclays Remains Positive on Bitcoin; Sees Miner Core Scientific as ‘Best-In-Class Leverage Play’
4.10.2022
Barclays initiates coverage of the bitcoin miner with buy-equivalent rating
Bitcoin Miner Core Scientific Should Weather Crypto Storm, Analyst Says
27.9.2022
Compass Point gave Core a buy rating and $4 price target
Bitcoin Miner Core Scientific Sticks With Its Year-end Hashrate Projection
11.8.2022
The miner’s second quarter revenue almost doubled compared to last year
Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
5.8.2022
The mining firm reported it “completely powered-down its Texas data center operations on several occasions” in July to support the state's power grid operator
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.
__________...
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.
__________...
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