Core Scientific seals $100M deal with CoreWeave as miners diversify cash streams

Core Scientific seals $100M deal with CoreWeave as miners diversify cash streams

Bitcoin miner Core Scientific seeks to diversify its revenue streams ahead of the upcoming halving. The company inked a deal with artificial intelligence startup CoreWeave to provide data center services, with potential... Read more »
Core Scientific’s stock down 30% after bankruptcy relisting

Core Scientific’s stock down 30% after bankruptcy relisting

Crypto mining firm Core Scientific is facing a turbulent trading session as it relists shares after emerging from bankruptcy. Robinhood data shows Core’s stock, CORZ, declining by over 30% at the time... Read more »
Core Scientific returns to Nasdaq as Wall Street shows renewed love for bitcoin mining – NBC 5 Dallas-Fort Worth

Core Scientific returns to Nasdaq as Wall Street shows renewed love for bitcoin mining – NBC 5 Dallas-Fort Worth

Bitcoin miner Core Scientific has completed the reorganization process and relisted its shares on the Nasdaq. Trading resumes on Wednesday morning. Core, which has operations in five U.S. states, mines for bitcoin... Read more »
Bitcoin miner Core Scientific to exit bankruptcy, relist shares in ‘coming days’

Bitcoin miner Core Scientific to exit bankruptcy, relist shares in ‘coming days’

Crypto mining firm Core Scientific has been given court approval to emerge from bankruptcy and relist its “CORZ” shares on the Nasdaq — putting an end to a 13-month restructuring process.  In... Read more »
Core Scientific Seeks Court Nod On $77M Bitcoin Mine Buy

Core Scientific Seeks Court Nod On $77M Bitcoin Mine Buy

By Alex Wittenberg (December 4, 2023, 5:04 PM EST) — Crypto mining company Core Scientific has asked a Texas bankruptcy court to approve a planned $77.1 million purchase of equipment from bitcoin... Read more »
Security Concerns Prompt Bitcoin Core Developer to Leave Lightning Network

Security Concerns Prompt Bitcoin Core Developer to Leave Lightning Network

Source: AdobeStock / 24K-Production Antoine Riard, a security researcher and developer, has announced his departure from the Lightning Network’s development team, citing security issues and challenges that pose a threat to the Bitcoin... Read more »
Understanding the Core Functionality of Leased Proof-of-Stake

Understanding the Core Functionality of Leased Proof-of-Stake

Those who understand crypto mining know what proof-of-stake means. However, Leased Proof-of-Stake or LPoS may not ring any bells for many. Well, this particular variant of PoS increases the chances of gaining... Read more »
Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs

Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs

Cryptocurrency mining hardware maker Bitmain and bankrupt crypto mining firm Core Scientific have agreed on a combination of equity and cash to finalize the deal on expanding mining facilities.   The deal between the... Read more »
Crypto firms Celsius and Core Scientific settle dispute

Crypto firms Celsius and Core Scientific settle dispute

The dispute between the two companies initially arose in October 2022. The Texas-based data center will likely become part of Celsius’ mining operations. Core Scientific has reached a settlement agreement with Celsius... Read more »
Bitcoin Price Prediction as Core Inflation Data is Announced – Can BTC Blast Past $30,000?

Bitcoin Price Prediction as Core Inflation Data is Announced – Can BTC Blast Past $30,000?

BTC Chart / Source: Adobe The Bitcoin (BTC) price is little moved in the mid-$29,000s in wake of the latest core US inflation data that has reaffirmed that price pressures continue to... Read more »