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Read More »JPMorgan Identifies US Bitcoin Mining Stocks with Outperformance Trend
CoinspeakerJPMorgan Identifies US Bitcoin Mining Stocks with Outperformance Trend Collectively, the 14 US mining companies have a network hash rate of approximately 23.8% of the total market share. JPMorgan Identifies US Bitcoin Mining Stocks with Outperformance Trend
Read More »Crypto Mining Giant Bitmain to Invest $53.9 Million in Core Scientific
Bitmain’s investment represents not only a significant financial commitment but also a strategic move to fortify its partnership with Core Scientific. Bitmain, a leading manufacturer of crypto mining rigs, has announced a substantial investment of $53.9 million in Core Scientific, a major North American blockchain data center provider and digital asset miner since 2017. Core Scientific operates data centers in multiple US states and utilizes their Minder software for efficient mining...
Read More »Core Scientific Gets Court Approval to Obtain $70M Debt-servicing Loan
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Read More »Core Scientific Is Bankrupt but Remaining Functional
Core Scientific – one of the world’s biggest crypto mining enterprises – has filed bankruptcy in recent weeks but is still expected to continue its mining operations in the region of Grand Forks, Texas. Core Scientific Can Continue to Operate as Normal The company first began pursuing chapter 11 bankruptcy protections in the final weeks of December. Core Scientific has experienced a net loss of nearly half a billion dollars at the time of writing stemming back from...
Read More »With Bitcoin Bounce Back, Crypto Mining Stocks Surge to Yearly Highs
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Read More »Bitcoin Mining Difficulty Soars 10% amid Growing Ecosystem Activity
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Read More »Core Scientific Is Next Crypto Firm to Go Bankrupt
Core Scientific – one of the largest digital currency mining firms in the world – has announced it’s filing for chapter 11 bankruptcy protection. The proceedings took place in a federal bankruptcy court in southern Texas. Core Scientific Is Filing Bankruptcy Core Scientific has been hinting at potential bankruptcy for some time. It stated in its official court documents that the declining price of bitcoin, as well as rising electricity prices to run its mining centers...
Read More »Core Scientific Powers Down Celsius 37,000 Mining Rigs
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Read More »Prices of Bitcoin ASIC Miners Drop to Multi-Year Lows
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