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Tag: core scientific

Cash Crunch Mining Firm Core Scientific Manages $72M Funding

1 hour ago | 2 mins read Bitcoin News Core Scientific sold 9,618 BTC...

Core Scientific’s Lender Offers $72 Million Bailout To Embattled Miner

Core Scientific’s lender, B Riley, has stated its intentions of loaning out $72 million to the embattled publicly traded miner. Core Scientific currently has...

Arthur Hayes Believes Bitcoin Has Bottomed: Here’s Why

BitMEX co-founder and renowned crypto essayist, Arthur Hayes, thinks the worst of this year’s Bitcoin bear market has come to pass.  The former CEO...

Data shows the Bitcoin mining bear market has a ways to go

Bitcoin (BTC) mining is the backbone of the BTC ecosystem and miners’ returns also provide insight into BTC’s price movements and the health of...

Crypto Crisis Pushes BTC Mining Difficulty To Bottom Spot, Any Possibility Of Reversal?

The low profitability of BTC mining is still puzzling for many crypto fanatics and investors. There’s no surprise here, given the ever-increasing energy costs....

Castles Made of Sand Dollars: SBF, FTX, and other Three Letter Agents

The story of Bitcoin has certainly had its fair share of nefarious characters, criminal activity, bad haircuts and worse wardrobes, and yet our anti-hero...

Here’s Alameda’s Investment Portfolio: WSJ Report

The Financial Times (FT) published a document on Tuesday exposing where Alameda’s venture investments went days before the FTX Group filed for bankruptcy.  Its...

Bitcoin ‘Mining Industry Is Under Under Extreme Stress’, Says Crypto Analytics Firm

Glassnode, the startup behind “the world’s leading blockchain data and intelligence platform”, seems concerned about Bitcoin miners. Earlier today (6 December 2022), Glassnode said:...

Crypto Firm Core Scientific Says It’s Considering Bankruptcy

Core Scientific – one of world’s biggest publicly traded crypto mining firms – has announced it is considering bankruptcy protection as its stock has fallen by...

Bitcoin Miners Sell Pressure Highest in 7 Years

Bitcoin miners are selling more aggressively than at any time in the past seven years according to Charles Edwards, founder of Capriole Investments. “If price...

This Publicly Traded Bitcoin Miner Lost $1.7 Billion In 2022

Core Scientific Inc., the largest publicly traded Bitcoin mining business in the U.S., reported a $1.7 billion loss for the first nine months...

Bitcoin Miner Sell Pressure Reaches Six Year High

Bitcoin miners are selling their coins at a record pace after the top cryptocurrency by market cap fell to its lowest price in...

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