
Core Scientific
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3 September, 2024
BTC mining profits elusive as difficulty hits all-time high
Bitbo data revealed BTC miner revenue hitting $827.5 million in August, lower than this year's peak of $1.93 billion in...
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14 August, 2024
BTC block reward miners drowning in red ink as chasing the green gets harder
The economic outlook for block reward mining in the U.S. is getting grimmer each day, with numerous miners registering plummeting...
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25 June, 2024
BTC’s value slides as tokens flood the market, pushing miners into AI’s open arms
With fewer incentives and depleting resources, BTC miners are gradually shifting to serve AI data needs, but even some of...
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19 September, 2023
Former Celsius exec strikes deal, agrees to testify against CEO Alex Mashinsky
Roni Cohen-Pavon has entered a plea of guilty to charges of securities fraud, wire fraud, manipulation of security prices and...
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24 June, 2023
Embattled BTC miner Core Scientific files bankruptcy reorganization plan
Core Scientific filed for Chapter 11 bankruptcy protection in December, and in its new plan, it pledges to satisfy all...
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7 February, 2023
Core Scientific to borrow $70M from investment bank B. Riley
Core Scientific will use the funds to replace an existing credit facility from the same bank and to keep running...