core scientific

CDCROP: Core Scientific's Marble facility in North Carolina. (Core Scientific)
Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt
NYDIG had previously said it would object to a $70 million lifeline loan for Core if its own deal wasn't finalized.
CDCROP: Core Scientific's Marble facility in North Carolina. (Core Scientific)

Aside from mining ethereum, the Boden HIVE Blockchain facility is also home to ASICs for mining bitcoin. (Sandali Handagama)
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 months runway and significant flexibility."
Aside from mining ethereum, the Boden HIVE Blockchain facility is also home to ASICs for mining bitcoin. (Sandali Handagama)

Sam Bankman-Fried
First Mover Americas: Bankman-Fried Pleads Not Guilty
The latest price moves in crypto markets in context for Jan. 4, 2023.
Sam Bankman-Fried

Core Scientific CEO Mike Levitt
Core Scientific to Shut Down Celsius Crypto Mining Equipment
The two firms have been engaged in litigation over a 2020 hosting contract, which Core Scientific says is costing it $2 million in revenue per month.
Core Scientific CEO Mike Levitt

CDCROP: icy road ((Monicore/Pixabay)
Bitcoin Miners Got Crushed by Crypto Winter. 2023 May Bring More Pain
Bitcoin miners had a rough 2022, showing “how to not build a mining business,” Industry experts, however, don’t see 2023 as any better, unless the market improve significantly.
CDCROP: icy road ((Monicore/Pixabay)

CDCROP: BLACKROCK headquarters (Shutterstock)
BlackRock Gives Bankrupt Bitcoin Miner Core Scientific New $17M Loan
BlackRock, which already was Core's largest shareholder, previously held $37.9 million of the miner's secured convertible notes.
CDCROP: BLACKROCK headquarters (Shutterstock)

U.S. snow storm road scene
Bitcoin Miners Powered Off as Winter Storm Battered North America
Computing power on the Bitcoin network dropped about 40% over the weekend.
U.S. snow storm road scene

CDCROP: Core Scientific's Marble facility in North Carolina. (Core Scientific)
Inside Core Scientific’s Prearranged Bankruptcy
The world’s biggest publicly traded bitcoin miner filed for Chapter 11 protection Wednesday. Here’s more details on what that means.
CDCROP: Core Scientific's Marble facility in North Carolina. (Core Scientific)

CDCROP: Core Scientific's Marble facility in North Carolina. (Core Scientific)
Bitcoin Miner Core Scientific Files for Bankruptcy, Expects Support From Some Debt Holders
The publicly traded miner expects support from some of the holders of its convertible notes in a restructuring deal.
CDCROP: Core Scientific's Marble facility in North Carolina. (Core Scientific)

Core Scientific's Marble facility in North Carolina. (Core Scientific)
Core Scientific to File for Bankruptcy, Continue Mining Through Process: Report
A source told CNBC that bankruptcy proceedings would not impact operations.
Core Scientific's Marble facility in North Carolina. (Core Scientific)