Core Scientific


Finance

Amid Bankruptcy, Core Scientific Signs Bitcoin Mining Hosting Contracts for Almost 18,000 Machines

The miner signed deals with three firms to host rigs at sites where the Celsius Mining fleet was recently unplugged.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Finance

Crypto Miner Core Scientific Appoints a New President

The company filed for bankruptcy in December but continues to mine bitcoin.

Adam Sullivan (LinkedIn)

Finance

Bitcoin Miner Sphere 3D Sues Partner Gryphon Digital

Gryphon sent $500,000 worth of its business partner's bitcoin to a hacker pretending to be Sphere 3D's CFO, the lawsuit claims.

(alvarez/Getty Images)

Finance

Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator

Core Scientific had stopped paying Priority Power Management in May 2022.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Finance

Bitcoin Miners Are Starting to Emerge From Brutal Crypto Winter

After several bankruptcies and fire sales, the rally in bitcoin’s price is providing some relief for the miners, although they may not be completely out of the woods yet.

(DALL-E/CoinDesk)

Finance

Core Scientific Bankruptcy Approves $70M Financing Deal From B. Riley

The judge also indicated he would allow stockholders to form an official committee in the bankruptcy.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

Crypto Miner Core Scientific Paid More Than $1M to CEO-Affiliated Jet Company For Employees

The world's largest bitcoin miner by computing power made its last payment to the firm in October 2022.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

Bankrupt Crypto Lender Celsius Seeks to Raise $14M From Bitmain Mining Vouchers

The company joins mining firm Core Scientific in trying to offload the assets before they expire, with funds used to repay creditors

(alvarez/Getty Images)

Finance

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.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

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."

Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)

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