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Core Scientific
Bitcoin Miners Must Optimize to Survive
The bitcoin mining industry will likely consolidate following the halving as miners with access to more capital continue to expand their operations and improve their infrastructure, software and business contracts, Core Scientific CEO Adam Sullivan writes.
General Population 'Still Feeling Angst' About Crypto From 2022, Core Scientific CEO Says
Core Scientific CEO, Adam Sullivan, weighs in on the general sentiment towards crypto after the hype in 2021 and contagion in 2022. "People are still feeling the angst," Sullivan said.
Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
Core Scientific CEO Adam Sullivan joins CoinDesk to discuss the state of bitcoin mining in the U.S. and the impact of the upcoming halving on the industry. Plus, why he envisions miners will diversify their business beyond mining ,and insights into AI's influence on the power sector.
Why Core Scientific is Focused on 2028
Core Scientific CEO Adam Sullivan shares his vision for the future of bitcoin mining. "The future of bitcoin mining looks much more decentralized on a site-by-site basis, and it's going to be a lot more power strategy based," Sullivan said.
Bitcoin Miner Core Scientific to Emerge From Bankruptcy, Re-List Shares This Month
The company expects to see nearly $600 million in revenue this year.
Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M
The deal will see Bitmain receive $53.9 million worth of common CORZQ stock.
Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal
Celsius had previously claimed hundreds of millions in damages in a squabble over unpaid dues that led to its mining rigs being powered down.
Marathon Digital Solidifies Position as World's Largest Publicly Traded Bitcoin Miner
Marathon continues to pull away from the former leader, Core Scientific.
Bankrupt Crypto Lender BlockFi Inches Closer to Refunding Clients
The firm receives conditional approval for its restructuring plan from a U.S. bankruptcy court.
Hut 8 CEO on Securing Up to $50M in Loans From Coinbase, State of Bitcoin Mining
Hut 8 Mining has secured up to $50 million in loans from Coinbase Credit to fund its operations. Jaime Leverton, CEO of the North American digital asset miner, joins "First Mover" to discuss working with Coinbase Credit and what the loans will be used for. Plus, Leverton's insights on the state of crypto mining and outlook on bitcoin (BTC) as major players like Compute North and Core Scientific have previously filed for chapter 11 bankruptcy protection.
