Core Scientific


Videos

Bankman-Fried's FTX Empire Holds $1.2B Cash Reserves; Senators Ask Fidelity to Reconsider Bitcoin 401(k)

Sam Bankman-Fried's FTX empire has $1.2 billion in cash as of Nov. 20, far below the $3.1 billion it owes its top 50 creditors. Fidelity should reconsider allowing retail clients exposure to bitcoin in their retirement accounts in light of the FTX collapse, said three Democratic senators in a letter on Monday. Bitcoin miner Core Scientific (CORZ) ended October with $32.2 million in cash and 62 BTC ($975,000), reiterating it may run out of money before the end of the year.

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Finance

Il gigante del mining Bitcoin CORE Scientific ha chiuso ottobre con 32 milioni di dollari in contanti

CORE Scientific ha ribadito che potrebbe esaurire i contanti prima della fine dell'anno, poiché le cause legali si stanno accumulando.

Core Scientific facility in North Carolina. (Core Scientific)

Videos

Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers

Michael Novogratz-led crypto-focused financial services firm Galaxy Digital plans to cut at least 20% of its global workforce. Convertible bond holders of BTC miner Core Scientific are in talks with restructuring attorneys at Paul Hastings. South Africa's leading supermarket chain Pick n Pay is now allowing BTC payments via Lightning Network-enabled apps. A poll from Grayscale reveals fears over inflation have translated to a growing interest in crypto for a quarter of voters surveyed.

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Finance

Gli obbligazionisti della problematica società di estrazione Bitcoin CORE Scientific avrebbero collaborato con degli avvocati: rapporto

La scorsa settimana l'azienda ha avvertito che potrebbe dover valutare la possibilità di fallimento, dato il peggioramento della sua situazione finanziaria.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

Le azioni della società di mining Bitcoin CORE Scientific continuano a crollare a causa del rischio di bancarotta

Venerdì le azioni sono scese di un altro 15% dopo una settimana difficile, tra problemi finanziari e declassamenti degli analisti.

Core Scientific facility in North Carolina. (Core Scientific)

Videos

US GDP Expands 2.6% in Q3; Core Scientific’s Shares Plummet After Bankruptcy Warning

The U.S. economy rose in the third quarter after two consecutive months of contraction. Shares of the world's largest bitcoin miner, Core Scientific (CORZ), plummeted to as low as 23 cents after the firm warned it could enter into bankruptcy. CFTC Commissioner Christy Goldsmith Romero said crypto echoes the risks of the 2008 financial crisis.

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Videos

Bitcoin Miner Core Scientific Shares Plunge After Bankruptcy Warning

The world's largest bitcoin miner, Core Scientific (CORZ), warned that it may have to explore bankruptcy if it fails to improve its financial condition. The warning sent its shares down 77% to as low as 23 U.S. cents. "The Hash" team discusses what this means for the bitcoin mining industry and its community.

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Finance

Le azioni di Bitcoin Miner CORE Scientific crollano dopo l'avviso di fallimento

Il più grande minatore Bitcoin al mondo ha dichiarato che non effettuerà i pagamenti in scadenza nei prossimi giorni, poiché le sue riserve si stanno esaurendo.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

CORE Scientific aumenta nuovamente le tariffe di hosting per il mining Bitcoin

L'azienda prevede che in futuro i costi dell'energia elettrica diminuiranno, il che si rifletterà sulle tariffe di hosting.

Core Scientific facility in North Carolina. (Core Scientific)

Videos

Goldman Still Sees Strong USD; Bitcoin Miners Downgraded Amid Bear Market Woes

A Goldman Sachs strategist wrote a peak in the U.S. dollar "feels several quarters away," which could be bad news for bitcoin (BTC). Bitcoin miners Core Scientific (CORZ) and Argo Blockchain (ARBK) were downgraded by Wall Street investment bank DA Davison due to bear market woes. Terraform Labs co-founder Do Kwon is rumored to have left Singapore for Dubai, according to Bloomberg.

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