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Tag: core scientific

Core Scientific Announces October 2023 Production and Operations Updates – TheNewsCrypto

Operated approximately 199,000 owned and colocated bitcoin miners Produced 910 self-mined bitcoin and an estimated 417 bitcoin from colocated miners AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific, Inc....

Top Bitcoin Mining Stocks for 2024

Table of Contents: A foundational part of the bitcoin architecture is participation through mining. This process of sharing processing power to verify transactions provides...

Ault Alliance’s Subsidiary, Sentinum, Announces 135 Bitcoin Mined in October 2023 – TheNewsCrypto

LAS VEGAS–(BUSINESS WIRE)–$AGREE #135_Bitcoin_Mined_in_October—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced its wholly-owned subsidiary, Sentinum,...

Bitcoin Miner Core Scientific Hits Key Milestone in Bankruptcy Process – Decrypt

Core Scientific, once a titan in the Bitcoin mining industry, has reached a significant milestone following its December Chapter 11 bankruptcy filing.The company yesterday...

Core Scientific Announces Agreement in Principle with Key Constituencies in its Chapter 11 Cases

Company, Ad Hoc Noteholder Group and Equity Committee reach agreement in principle with respect to the economic terms of a proposed plan of reorganization Parties...

Bitmain Axes Staff Over Salary Leak, Cites Unauthorized Announcement Sharing: Report

Bitcoin ASIC manufacturing giant – Bitmain – has reportedly fired four of its employees who leaked salary information and cited the “illegal publication...

SEC Raises Objections to Celsius Network’s Restructuring Plan Involving Coinbase

Key Takeaways SEC files limited objection against Celsius Network's restructuring plan. Concerns raised over the company's proposed engagement with Coinbase. SEC's ongoing lawsuit against Coinbase cited as...

Bitmain to Invest $54 Million in Core Scientific, Inc. as Part of New Supply Contract

Bitmain will supply Core Scientific with 27,000 latest generation bitcoin miners and signs new hosting agreement HONG KONG–(BUSINESS WIRE)–$CORZQ #bitcoin—World Digital Mining Summit – Core...

A16z Flurry of Deals Drives Crypto Funding to $135.8M for the Week

The noted venture capital firm participated in two of the largest fundraises of the past week, including a new startup from former a16z...

Struggling Bitcoin Miner Core Scientific Signs $77M Deal to Purchase Servers From Bitmain

Bitmain will provide 27,000 bitcoin mining servers to Core Scientific in exchange for $23.1 million in cash and $53.9 million in equity. ...

Core Scientific’s Multi-Million Dollar Deal

Core Scientific, a bankrupt cryptocurrency miner, is set to purchase 27,000 Bitcoin mining servers from Bitmain in a substantial transaction valued at $77 million, as disclosed in...

Core Scientific cracks $77M Bitmain deal for 27K Bitcoin mining rigs

Cryptocurrency mining hardware maker Bitmain and bankrupt crytpto mining firm Core Scientific have agreed on a combination of equity and cash to finalize the...

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