Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator
Core Scientific had stopped paying Priority Power Management in May 2022.
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Mar 20, 2023 at 9:00 p.m. UTC
Mar 20, 2023
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Bitcoin Miners Are Starting to Emerge From Brutal Crypto Winter
After several bankruptcies and fire sales, the rally in bitcoin’s price is providing some relief for the miners, although they may not be completely out of the woods yet.
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Mar 2, 2023 at 4:40 p.m. UTC
Mar 2, 2023
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Core Scientific Bankruptcy Approves $70M Financing Deal From B. Riley
The judge also indicated he would allow stockholders to form an official committee in the bankruptcy.
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Mar 2, 2023 at 12:55 a.m. UTC
Mar 2, 2023
Crypto Miner Core Scientific Paid More Than $1M to CEO-Affiliated Jet Company For Employees
The world's largest bitcoin miner by computing power made its last payment to the firm in October 2022.
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Feb 17, 2023 at 2:26 p.m. UTC
Feb 17, 2023
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Bankrupt Crypto Lender Celsius Seeks to Raise $14M From Bitmain Mining Vouchers
The company joins mining firm Core Scientific in trying to offload the assets before they expire, with funds used to repay creditors
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Feb 10, 2023 at 9:47 a.m. UTC
Feb 10, 2023
Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt
NYDIG had previously said it would object to a $70 million lifeline loan for Core if its own deal wasn't finalized.
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Feb 3, 2023 at 12:05 p.m. UTC
Feb 3, 2023
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Bitcoin Miner Core Scientific to Borrow $70M From B. Riley
The firm said the loan will enable it to replace an existing facility and give it "up to 15 months runway and significant flexibility."
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Jan 31, 2023 at 4:54 p.m. UTC
Jan 31, 2023
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First Mover Americas: Bankman-Fried Pleads Not Guilty
The latest price moves in crypto markets in context for Jan. 4, 2023.
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Jan 4, 2023 at 1:18 p.m. UTC
Jan 4, 2023
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Core Scientific to Shut Down Celsius Crypto Mining Equipment
The two firms have been engaged in litigation over a 2020 hosting contract, which Core Scientific says is costing it $2 million in revenue per month.
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Jan 4, 2023 at 1:10 a.m. UTC
Jan 4, 2023
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Bitcoin Miners Got Crushed by Crypto Winter. 2023 May Bring More Pain
Bitcoin miners had a rough 2022, showing “how to not build a mining business,” Industry experts, however, don’t see 2023 as any better, unless the market improve significantly.
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Dec 30, 2022 at 7:42 p.m. UTC
Dec 30, 2022