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Crypto Miner Core Scientific Cuts 10% of Staff, Keeps Hashrate Projection

The company also took a $840 million accounting charge to write down the value of its assets.

Updated May 11, 2023, 6:46 p.m. Published Aug 11, 2022, 8:49 p.m.
Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)
Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)