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Core Scientific

Core Scientific's Marble facility in North Carolina. (Core Scientific)
Finance
Core scientific
Amid Bankruptcy, Core Scientific Signs Bitcoin Mining Hosting Contracts for Almost 18,000 Machines
The miner signed deals with three firms to host rigs at sites where the Celsius Mining fleet was recently unplugged.
Core Scientific's Marble facility in North Carolina. (Core Scientific)
By Eliza Gkritsi
Apr 28, 2023 at 1:00 p.m. UTC
Apr 28, 2023
Core ScientificGreenidge GenerationMiningBitcoin MiningBankruptcy
Adam Sullivan (LinkedIn)
Finance
Core scientific
Crypto Miner Core Scientific Appoints a New President
The company filed for bankruptcy in December but continues to mine bitcoin.
Adam Sullivan (LinkedIn)
By Helene Braun
Apr 11, 2023 at 8:08 p.m. UTC
Apr 11, 2023
Core ScientificBitcoin MiningCrypto MiningHires
(alvarez/Getty Images)
Finance
Core scientific
Bitcoin Miner Sphere 3D Sues Partner Gryphon Digital
Gryphon sent $500,000 worth of its business partner's bitcoin to a hacker pretending to be Sphere 3D's CFO, the lawsuit claims.
(alvarez/Getty Images)
By Eliza Gkritsi
Apr 7, 2023 at 10:15 p.m. UTC
Apr 7, 2023
Core ScientificBitcoin MiningSphere 3DMining CentersLawsuit
(DALL-E/CoinDesk)
Finance
Analysis
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.
(DALL-E/CoinDesk)
By Eliza Gkritsi
Mar 2, 2023 at 4:40 p.m. UTC
Mar 2, 2023
AnalysisBitcoin MiningBankruptcyCore Scientific
Core Scientific's Marble facility in North Carolina. (Core Scientific)
Finance
Core scientific
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.
Core Scientific's Marble facility in North Carolina. (Core Scientific)
By Eliza Gkritsi
Mar 2, 2023 at 12:55 a.m. UTC
Mar 2, 2023
Core ScientificBankruptcyBitcoin MiningMining Centers
Core Scientific's Marble facility in North Carolina (Core Scientific)
Finance
Bitcoin mining
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.
Core Scientific's Marble facility in North Carolina (Core Scientific)
By Eliza Gkritsi
Feb 17, 2023 at 2:26 p.m. UTC
Feb 17, 2023
Bitcoin MiningMining CentersCore ScientificBankruptcy
(alvarez/Getty Images)
Finance
Regulations
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
(alvarez/Getty Images)
By Jack Schickler
Feb 10, 2023 at 9:47 a.m. UTC
Feb 10, 2023
RegulationsCelsiusBankruptcyCore ScientificBitmain
Core Scientific's Marble facility in North Carolina. (Core Scientific)
Finance
Core scientific
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.
Core Scientific's Marble facility in North Carolina. (Core Scientific)
By Eliza Gkritsi
Feb 3, 2023 at 12:05 p.m. UTC
Feb 3, 2023
Core ScientificBitcoin MiningMining CentersDebtNYDIGBankruptcyTexas
Bitcoin miners (Sandali Handagama/CoinDesk)
Finance
Core scientific
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."
Bitcoin miners (Sandali Handagama/CoinDesk)
By Jamie Crawley
Jan 31, 2023 at 4:54 p.m. UTC
Jan 31, 2023
Core ScientificBitcoin MiningBankruptcyUS