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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.

Updated May 9, 2023, 4:05 a.m. Published Jan 4, 2023, 1:10 a.m.
Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)
Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)