2022-12-31 22:25 |
BlackRock, which already was largest shareholder of the miner, also had $37.9 million secured convertible notes with Core.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Bitcoin miner Core Scientific has been granted access to obtain a $37.5 million loan from its creditors. The loan is supposed to allow the mining firm to temporarily carry on operations.
2022-12-23 11:39 | |
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The loan would allow Core Scientific to keep its mining and hosting operations afloat while it restructures.
2022-12-24 05:34 | |
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The world’s biggest publicly traded crypto miner filed for Chapter 11 protection today.
2022-12-22 01:17 | |
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Coinspeaker Bitcoin Miner Core Scientific to File for Bankruptcy but to Continue Mining By the end of trading on Tuesday, the company’s market capitalization had dropped to $78 million from a $4.
2022-12-21 16:12 | |
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One of the largest bitcoin mining companies in the U.S. has filed for Chapter 11 bankruptcy protection.
2022-12-21 15:32 | |
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Publicly traded crypto miner Core Scientific filed for Chapter 11 bankruptcy protection on December 21 at the Southern District of Texas bankruptcy court. The post Bitcoin miner Core Scientific files for bankruptcy, has over $1B in liabilities appeared first on CryptoSlate.
2022-12-21 14:20 | |
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The publicly traded miner filed for Chapter 11 at Southern District of Texas bankruptcy court.
2022-12-21 12:17 | |
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The publicly traded miner expects support from some of the holders of its convertible notes in a restructuring deal.
2022-12-21 12:17 | |
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What many suspected after the news broke in late October has now become a reality. One of the largest publicly traded Bitcoin mining companies in the U. S. , Core Scientific Inc. (CORZ), has filed for Chapter 11 bankruptcy, CNBC reported today.
2022-12-21 10:51 | |
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Core Scientific is reportedly filing for Chapter 11 bankruptcy protection in Texas due to falling revenue and BTC prices.
2022-12-21 10:25 | |
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Coinspeaker Crypto Miner Core Scientific Sees Stock Surge 200% on Creditor Offer to Fund Insolvency Core Scientific experienced a four-day stock surge after one of its creditors offered to pull it out of its financial mess.
2022-12-17 16:13 | |
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B. Riley suggested the embattled miner’s issues were “self-imposed” and outlined a path for it to avoid bankruptcy.
2022-12-15 09:07 | |
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The public miner may be saved by its lender as the two entities engage in attempts to restructure their debt.
2022-12-15 00:43 | |
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Investment bank B Riley said most of the struggling miner's issues are "self-imposed and can be corrected."
2022-12-15 23:37 | |
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Core Scientific (NASDAQ: CORZ), a publicly traded crypto miner that’s facing increased possibility of bankruptcy, has revealed a $434 million loss for the period ending September 30, 2022. The Bitcoin miner shows in a filing with the US Securities and Exchange Commission (SEC) that its third quarter losses stood at $434,792,000 at the end of […] The post Core Scientific reveals $434 million loss in Q3 appeared first on Invezz.
2022-11-23 18:42 | |
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The Bitcoin miner warned its cash reserves may be depleted by the end of 2022 or sooner as it cuts back on spending, including not making loan repayments.
2022-11-23 05:23 | |
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Some of the miner's convertible bondholders are working with restructuring lawyers at Paul Hastings.
2022-11-2 18:58 | |
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Miner capitulation is here. Core Scientific talks about potential bankruptcy, highlighting that cash resources will be depleted by the end of the year.
2022-10-31 06:00 | |
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Shares of bitcoin miner Core Scientific (CORZ) fell another 14% Friday after a rough week amid financial woes and analyst downgrades.
2022-10-29 22:02 | |
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Core Scientific, the world’s largest Bitcoin mining company has revealed some significant details about its financial health that has investors and stakeholders worried. In its latest filing wiThe post World’s largest Bitcoin miner may be heading towards bankruptcy appeared first on AMBCrypto.
2022-10-28 16:30 | |
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Core scientific, one of the foremost firms for publicly traded crypto mining in the US, is about closing its shop due to the market dip and the 97% massive dump in its Bitcoin shares.
2022-10-28 01:30 | |
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The world's largest bitcoin miner said in a filing that it will not make payments that are due in the next few days.
2022-10-28 13:22 | |
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As Celsius contemplates the sale of its assets at an upcoming hearing, Texas-based crypto miner Core Scientific wants it to pay its bills. The post Where Will Celsius Assets Go? Core Scientific May Have the Answer appeared first on BeInCrypto.
2022-10-22 23:45 | |
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Crypto hosting and mining company Core Scientific (CORZ) has issued fired back at Celsius Mining over allegations it is violating the beleaguered firm's bankruptcy filing.
2022-10-12 14:26 | |
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Barclays initiates coverage of the bitcoin miner with buy-equivalent rating.
2022-10-5 16:24 | |
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Compass Point gave Core a buy rating and $4 price target.
2022-9-27 17:41 | |
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B. Riley previously signed a similar deal with Core Scientific in July.
2022-9-24 17:11 | |
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The miner’s second quarter revenue almost doubled compared to last year.
2022-8-12 23:49 | |
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The miner still holds 1,205 bitcoins and expects to continue to sell its mined coins to pay for expenses.
2022-8-6 17:12 | |
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Once all the ASIC servers are fully deployed, the agreement is seen generating about $50 million in annual revenue, said the company.
2022-7-27 18:11 | |
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The miner has the right but no obligation to sell the shares to investment bank B Riley.
2022-7-22 01:06 | |
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Bitcoin miner Core Scientific plans to sell more self-mined bitcoins to cover expenses, growth and debt payments.
2022-7-5 17:21 | |
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The miner is also being approached with potential M&A deals as some other miners are struggling to finance their growth.
2022-5-13 01:48 | |
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Despite the news, shares of the miner were up in after-hours trading.
2022-5-13 23:30 | |
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Bitcoin miner Core Scientific announced it would be releasing daily production numbers of self-mined BTC and called for further industry transparency.
2022-4-19 21:16 | |
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The miner also reiterated its 2022 hashrate expectations.
2022-3-30 23:22 | |
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The miner said demand for its hosting capacity remains strong and continues to exceed available supply.
2022-3-7 18:32 | |
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The miner said demand for its hosting capacity remains strong and continues to exceed available supply.
2022-3-8 18:32 | |
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Core came public last month via a SPAC deal, but has struggled alongside declines for the crypto.
2022-2-28 20:49 | |
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The public miner deposited all bitcoin mined into custody and now holds over 6,300 BTC.
2022-2-9 22:42 | |
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The miner produced a total of 5,769 bitcoin in 2021, a 350% increase year-over-year.
2022-1-7 18:53 | |
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100% net carbon neutral miner, Core Scientific, which mined 928 BTC in Q2 and over 3,000 BTC so far in 2021, is also planning to expand to more states. The post Major US Bitcoin Mining Company Going Public at .
2021-7-23 17:56 | |
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The Bitcoin miner will merge with Power & Digital Infrastructure Acquisition Corp in the latest crypto SPAC deal.
2021-7-22 19:00 | |
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With this purchase, Core Scientific becomes the largest mining hosting provider in North America. In total, Core Scientific has ordered over 76,000 S19 and S19 Pro Antminers since August 2019. In a press release, Core Scientific claims that this expansion will make it the largest such provider outside of China.
2020-12-20 17:06 | |
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Former core Grin developer Gary Yu mined $118 worth of GRIN cryptocurrency in less than 24 hours with a Grin ASIC mining device.
2020-8-11 16:34 | |
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U. S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc. The company is buying Bitmain’s next-generation bitcoin (BTC) miner, the Antminer S19, it said in a statement on June 29.
2020-6-30 05:15 | |
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Bitcoin block at height 584,802 was an invalid block due to a discrepancy in coinbase reward value. The invalid block was confirmed by 8 other nodes at forkmonitor. info. BitMEX research tweeted: Bitcoin had an invalid block at height 584,802, as spotted by @juscamarena All 8 nodes at https://t.
2019-7-12 21:32 | |
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Bitmain-owned mining pool Antpool appears to have squandered at least $150,000 worth of Bitcoin mining rewards, reports BitMEX Research, the analytic arm of cryptocurrency exchange BitMEX. At 14:35 UTC, June 10, the Bitcoin network rejected a block after it had been mined, which effectively cancelled the 12.
2019-7-11 17:19 | |
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This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin.
2019-5-29 18:53 | |
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DTCC and Chainlink completed a pilot with major US banks to accelerate fund tokenization using blockchain technology. The post DTCC’s pilot project with Chainlink drives blockchain data to expand fund tokenization appeared first on Crypto Briefing.
UBS Group AG's 13F filing reveals a significant stake in BlackRock's iShares Bitcoin Trust (IBIT), signaling growing institutional interest in crypto. The post Swiss bank UBS holds 3,600 shares in BlackRock’s iShares Bitcoin Trust, SEC filings show appeared first on Crypto Briefing.
Former Twitter CEO Jack Dorsey predicts Bitcoin could reach at least $1 million by 2030, citing Bitcoin's collaborative ecosystem and growing mainstream adoption as key price drivers.
Deutsche Bank analysts warn of stablecoin risks, citing Tether's lack of transparency. The post Tether refutes Deutsche Bank research revealing stablecoin solvency risks appeared first on Crypto Briefing.
Lagrange Labs, a cryptography startup specializing in zero-knowledge proofs, raises $13.2M seed round led by Peter Thiel's Founders Fund. The post Lagrange Labs closes $13.2M to build out ZK proofs based on EigenLayer appeared first on Crypto Briefing.
Founded at Harvard, Botanix Labs raises millions to build the first Bitcoin-native Layer 2 primitive with full EVM equivalence — Spiderchain.
Key takeaways London-based Revolut has launched Revolut X to compete with leading crypto exchanges. Bitbot’s presale has now officially crossed the $3. 2 million mark. Revolut X is now live for experienced traders Financial institutions continue to troop into the cryptocurrency space and London-based Revolut will not be left out.