by COINS NEWS - 1 year ago
Bitcoin mining: Bitmain invests in failed Core Scientific
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News about Core Scientific
Cryptocoins News / The Cointelegraph - 1 year ago
Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs
The deal was first finalized in August, with Anchorage as another party agreeing to an equity stake in the bankrupt crypto miner. Cryptocurrency mining hardware maker...
Cryptocoins News / Finance Magnates - 1 year ago
Core Scientific's Multi-Million Dollar Deal: 27,000 BTC Miners from Bitmain
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 a recent press release. The acquisition comprises $23.1 million in cas...
Bitcoin News / Google News Bitcoin - 1 year ago
Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs - Cointelegraph
Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs& & Cointelegraph
Bitcoin News / Google News Bitcoin - 1 year ago
Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M - CoinDesk
Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M& & CoinDesk
Cryptocoins News / Blockchain - 1 year ago
Bitmain Commits $54 Million Investment in Core Scientific, Inc. Amid New Supply Contract
Core Scientific has secured a $53.9 million investment from Bitmain, a leading manufacturer of digital currency mining servers. The deal involves a $23.1 million cash payment and an equity exchange worth $53.9 million in Core Scientific common stock....
Cryptocoins News / Blockchain - 1 year ago
Core Scientific and Celsius Mining Settle Litigation with Texas Data Center Purchase Agreement
Core Scientific has agreed to sell its Cedarvale Bitcoin mining site in Texas to Celsius Mining LLC for $14 million. The deal will settle ongoing litigation and allow Celsius to expand its Texas data centers. The Cedarvale site, valued at $45 million...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin Miner Core Scientific Settles With Celsius Over Fees - BNN Bloomberg
Bitcoin Miner Core Scientific Settles With Celsius Over Fees& & BNN Bloomberg
Cryptocoins News / The Cointelegraph - 1 year ago
Celsius and Core Scientific propose $45M settlement for litigation
Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million....
Cryptocoins News / Finance Magnates - 1 year ago
Core Scientific's Bitcoin Mining Output Drops in August amid Market Volatility
The cryptocurrency mining company, Core Scientific has released its production and operations update for August, highlighting 206,000 owned and co-located Bitcoin miners. The company managed to produce 965 self-mined Bitcoins and an estimated 403 Bit...
Bitcoin News / Google News Bitcoin - 1 year ago
Core Scientific’s Bitcoin Mining Output Drops in August amid Market Volatility - Finance Magnates
Core Scientific's Bitcoin Mining Output Drops in August amid Market Volatility& & Finance Magnates
Cryptocoins News / The Cointelegraph - 1 year ago
Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage
If the plan is approved, Core Scientific could buy 27,000 Bitmain miners for roughly $23 million in cash and $54 million in company equity. Cryptocurrency custody firm...
Cryptocoins News / EthereumWorldNews - 1 year ago
Core Scientific Set To Exit Bankruptcy After $77 Million Deal With Bitmain
Core Scientific is poised to exit its Chapter 11 bankruptcy proceedings following a $77 million deal with Bitmain.& Bitmain will acquire a $54 million stake in the bankrupt Bitcoin miner in exchange for 27,000 Antminers.& Crypto platform Anc...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan - CoinDesk
Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan& & CoinDesk
Cryptocoins News / The Cointelegraph - 1 year ago
Core Scientific appoints Adam Sullivan as CEO amid restructuring process
The company claims to have seen a boost in liquidity in recent months and is expected to emerge from bankruptcy proceedings by the end of the year. Publicly traded Bit...
Bitcoin News / Google News Bitcoin - 1 year ago
Bankrupt Bitcoin Miner Core Scientific Presents Chapter 11 Plan ... - Cryptonews
Bankrupt Bitcoin Miner Core Scientific Presents Chapter 11 Plan ...& & Cryptonews
Cryptocoins News / Finance Magnates - 1 year ago
US Bitcoin Miner Core Scientific Files Chapter 11 Plan
Holders of the allowed debtor-in-possession (DIP) claims for the bankrupt Bitcoin miner Core Scientific will receive full and final satisfaction of their claims, the company said in a joint Chapter 11 plan filed yesterday (Tuesday).Filed before a ba...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin Mining Titan Core Scientific Files Chapter 11 Plan, Signaling Revival Hope
As Bitcoin mining firm, Core Scientific faces a significant challenge with the ongoing bankruptcy proceedings, it has taken a determined step towards ensuring its sustainability. The company recently submitted a Chapter 11 plan, a move that showcases...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin Mining Titan Core Scientific Files Chapter 11 Plan, Signaling Revival Hope - Bitcoinist
Bitcoin Mining Titan Core Scientific Files Chapter 11 Plan, Signaling Revival Hope& & Bitcoinist
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin miner Core Scientific files its Chapter 11 plan
The bankruptcy plan explained that holders of allowed debtor-in-possession claims would receive full and final satisfaction of their claims. Bankrupt Bitcoin (BTC) min...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin miner Core Scientific files its Chapter 11 plan - Cointelegraph
Bitcoin miner Core Scientific files its Chapter 11 plan& & Cointelegraph
Bitcoin News / Google News Bitcoin - 1 year ago
Core Scientific self-mined bitcoin output grows 17% in May - Seeking Alpha
Core Scientific self-mined bitcoin output grows 17% in May& & Seeking Alpha
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin Miner Core Scientific May Exit Bankruptcy By September - Watcher Guru
Bitcoin Miner Core Scientific May Exit Bankruptcy By September& & Watcher Guru
Cryptocoins News / The Cointelegraph - 1 year ago
Core Scientific moves for September bankruptcy exit, expects $46M boost
Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised. A restructuring plan for...
Bitcoin News / Google News Bitcoin - 1 year ago
Core Scientific Says It Beat Projections Thanks to Bitcoin Rally - Bloomberg Law
Core Scientific Says It Beat Projections Thanks to Bitcoin Rally& & Bloomberg Law
