Cryptocoins News / The Cointelegraph - 1 year ago
Core Scientific has rejected a multi-million-dollar administrative claim from Celsius Network, arguing it’s owed an even higher amount from the crypto lender. Bankrupt...
Cryptocoins News / EthereumWorldNews - 1 year ago
Crypto miner Core Scientific has signed a new hosting contract amid its bankruptcy proceedings.& The struggling miner has agreed to host nearly 18,000 BTC mining rigs from three firms.The new contracts will bring the mining firm’s total mining r...
Bitcoin News / Bitcoin Magazine - 1 year ago
Greenidge Generation Holdings Inc. has signed a hosting agreement with Core Scientific, Inc. in which Core Scientific will operate and host 6,914 Greenidge-owned bitcoin miners at its facilities in Dalton, GA...
Bitcoin News / Google News Bitcoin - 1 year ago
Ault Alliance’s Subsidiary, BitNile, Inc., Expands Bitcoin Mining Collaboration with Core Scientific to 10,000 Miners& & Yahoo Finance
Cryptocoins News / The Cointelegraph - 1 year ago
The debtors appointed Adam Sullivan, a managing director at investment banking firm XMS Capital Partners, to assume the role of president amid the firm’s bankruptcy proceedings....
Bitcoin News / Google News Bitcoin - 1 year ago
Ault Alliance’s Subsidiary, BitNile Inc., Collaborates with Core Scientific for Bitcoin Mining Expansion& & Yahoo Finance
Bitcoin News / Bitcoinist - 1 year ago
The crypto winter of 2022 forced many crypto-related establishments into financial stress leading to bankruptcy proceedings. Core Scientific was one of the firms affected by the 2022 market crash as it filed for Chapter 11 bankruptcy due to falling r...
Cryptocoins News / The Cointelegraph - 1 year ago
Millions of dollars worth of electrical equipment will be transferred to the crypto miners' exclusive energy negotiator to settle a payments dispute. A $20 million set...
Cryptocoins News / Blockchain - 1 year ago
In a court filing, crypto mining firm Core Scientific stated the equipment were no longer needed for its operations and future plans. (Read More)
Cryptocoins News / EthereumWorldNews - 1 year ago
The NYDIG has agreed to settle a debt of $38.6 million owed by Core Scientific Inc.& The crypto mining firm will send 27,403 crypto mining rigs to NYDIG as part of the agreement.& This deal will allow the bankrupt crypto miner to move forwar...
Cryptocoins News / The Cointelegraph - 1 year ago
The bankrupt crypto mining firm believes that the long-term benefits outweigh the immediate loss of handing over the machines. Crypto mining firm Core Scientific made...
Cryptocoins News / The Cointelegraph - 1 year ago
Investment bank B. Riley is already a Core Scientific creditor and tried to provide funds before the Bitcoin miner filed for Chapter 11. Core Scientific has received p...
Cryptocoins News / CoinJournal - 1 year ago
Core Scientific is seeking emergency relief from the bankruptcy court for it to secure a replacement loan facility.
According to court documents, the miner has agreed to a $70 million credit facility from investment banking firm B. Riley.
The compan...
Cryptocoins News / Blockchain - 1 year ago
On Jan. 25, bankrupt Bitcoin mining business Core Scientific filed an emergency move to sell Bitmain coupons. (Read More)
Cryptocoins News / The Cointelegraph - 1 year ago
A court filing shows that some conditions apply to the coupons, making them useless for Core Scientific’s business. Bankrupt Bitcoin (BTC) mining firm, Core Scientifi...