Core Scientific

Core Scientific May Be Closed At The End Of 2023 If The Market Continues To Be DoomsdayCore Scientific May Be Closed At The End Of 2023 If The Market Continues To Be Doomsday

Core Scientific May Be Closed At The End Of 2023 If The Market Continues To Be Doomsday

While attempting to find new sources of funding and make cost reductions, Core Scientific stated that there was substantial doubt…

2 years ago
Bitcoin Miner Wallet Balances Hit A 10-month LowBitcoin Miner Wallet Balances Hit A 10-month Low

Bitcoin Miner Wallet Balances Hit A 10-month Low

The amount of Bitcoin held by miner wallets has decreased to a 10-month low, according to data monitored by Glassnode.…

2 years ago
The Core Scientific Inc. Class Action Lawsuit – CORZThe Core Scientific Inc. Class Action Lawsuit – CORZ

The Core Scientific Inc. Class Action Lawsuit – CORZ

The Core Scientific class action lawsuit charges Core Scientific and certain of its top executives with violations of the Securities Exchange Act…

2 years ago
Core Scientific Sued For Unfavorable Financial Statements For InvestorsCore Scientific Sued For Unfavorable Financial Statements For Investors

Core Scientific Sued For Unfavorable Financial Statements For Investors

According to a court document filed on Monday, Core Scientific has been sued for failing to disclose a number of…

2 years ago
Applied Digital Supplier Of Bitcoin Hosting Obtains $15 Million Loan To Grow In TexasApplied Digital Supplier Of Bitcoin Hosting Obtains $15 Million Loan To Grow In Texas

Applied Digital Supplier Of Bitcoin Hosting Obtains $15 Million Loan To Grow In Texas

In order to grow its business in Texas, hosting provider Applied Digital, formerly known as Applied Blockchain, acquired a $15…

2 years ago
Cathedra Bitcoin Cuts Two-thirds Payroll Because Of The Bear MarketCathedra Bitcoin Cuts Two-thirds Payroll Because Of The Bear Market

Cathedra Bitcoin Cuts Two-thirds Payroll Because Of The Bear Market

In an effort to combat market headwinds that have decreased the price of Bitcoin (BTC) this year, Bitcoin mining company…

2 years ago
Canaan’s Third Quarter Revenue Drops Sharply Amid Falling MarketCanaan’s Third Quarter Revenue Drops Sharply Amid Falling Market

Canaan’s Third Quarter Revenue Drops Sharply Amid Falling Market

The challenging cryptocurrency market has also impacted Canaan, a manufacturer of Bitcoin (BTC) mining equipment, which resulted in a decline…

2 years ago
Hut 8 Report Q3 Revenue Just $31.7 Million, Lower Than EstimatedHut 8 Report Q3 Revenue Just $31.7 Million, Lower Than Estimated

Hut 8 Report Q3 Revenue Just $31.7 Million, Lower Than Estimated

Hut 8, a Bitcoin miner, underperformed third-quarter forecasts with net losses of $23.7 million as opposed to the anticipated $19.4…

2 years ago
Riot Reported Third Quarter 2022 Financial Results with 1,042 Bitcoin ProducedRiot Reported Third Quarter 2022 Financial Results with 1,042 Bitcoin Produced

Riot Reported Third Quarter 2022 Financial Results with 1,042 Bitcoin Produced

On November 7, Riot reported financial results for the third quarter of 2022, current operational and financial highlights. Riot Blockchain,…

2 years ago