Bitcoin News / Google News Bitcoin - 1 year ago

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

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

Bitcoin News / Google News Bitcoin - 1 year ago

Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M - CoinDesk

Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M& & CoinDesk

Cryptocoins News / Blockchain  - 1 year ago

Bitmain Commits $54 Million Investment in Core Scientific, Inc. Amid New Supply Contract

Core Scientific has secured a $53.9 million investment from Bitmain, a leading manufacturer of digital currency mining servers. The deal involves a $23.1 million cash payment and an equity exchange worth $53.9 million in Core Scientific common stock....

Cryptocoins News / Blockchain  - 1 year ago

Core Scientific and Celsius Mining Settle Litigation with Texas Data Center Purchase Agreement

Core Scientific has agreed to sell its Cedarvale Bitcoin mining site in Texas to Celsius Mining LLC for $14 million. The deal will settle ongoing litigation and allow Celsius to expand its Texas data centers. The Cedarvale site, valued at $45 million...

Bitcoin News / Google News Bitcoin - 1 year ago

Bitcoin Miner Core Scientific Settles With Celsius Over Fees - BNN Bloomberg

Bitcoin Miner Core Scientific Settles With Celsius Over Fees& & BNN Bloomberg

Cryptocoins News / The Cointelegraph ​ - 1 year ago

Celsius and Core Scientific propose $45M settlement for litigation

Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million....

Cryptocoins News / Finance Magnates - 1 year ago

Core Scientific's Bitcoin Mining Output Drops in August amid Market Volatility

The cryptocurrency mining company, Core Scientific has released its production and operations update for August, highlighting 206,000 owned and co-located Bitcoin miners. The company managed to produce 965 self-mined Bitcoins and an estimated 403 Bit...

Bitcoin News / Google News Bitcoin - 1 year ago

Core Scientific’s Bitcoin Mining Output Drops in August amid Market Volatility - Finance Magnates

Core Scientific's Bitcoin Mining Output Drops in August amid Market Volatility& & Finance Magnates

Cryptocoins News / The Cointelegraph ​ - 1 year ago

Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage

If the plan is approved, Core Scientific could buy 27,000 Bitmain miners for roughly $23 million in cash and $54 million in company equity. Cryptocurrency custody firm...

Cryptocoins News / EthereumWorldNews - 1 year ago

Core Scientific Set To Exit Bankruptcy After $77 Million Deal With Bitmain

Core Scientific is poised to exit its Chapter 11 bankruptcy proceedings following a $77 million deal with Bitmain.& Bitmain will acquire a $54 million stake in the bankrupt Bitcoin miner in exchange for 27,000 Antminers.& Crypto platform Anc...

Bitcoin News / Google News Bitcoin - 1 year ago

Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan - CoinDesk

Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan& & CoinDesk

Cryptocoins News / The Cointelegraph ​ - 1 year ago

Core Scientific appoints Adam Sullivan as CEO amid restructuring process

The company claims to have seen a boost in liquidity in recent months and is expected to emerge from bankruptcy proceedings by the end of the year. Publicly traded Bit...

Bitcoin News / Google News Bitcoin - 1 year ago

Bankrupt Bitcoin Miner Core Scientific Presents Chapter 11 Plan ... - Cryptonews

Bankrupt Bitcoin Miner Core Scientific Presents Chapter 11 Plan ...& & Cryptonews

Cryptocoins News / Finance Magnates - 1 year ago

US Bitcoin Miner Core Scientific Files Chapter 11 Plan

Holders of the allowed debtor-in-possession (DIP) claims for the bankrupt Bitcoin miner Core Scientific will receive full and final satisfaction of their claims, the company said in a joint Chapter 11 plan filed yesterday (Tuesday).Filed before a ba...

Bitcoin News / Bitcoinist - 1 year ago

Bitcoin Mining Titan Core Scientific Files Chapter 11 Plan, Signaling Revival Hope

As Bitcoin mining firm, Core Scientific faces a significant challenge with the ongoing bankruptcy proceedings, it has taken a determined step towards ensuring its sustainability. The company recently submitted a Chapter 11 plan, a move that showcases...

Bitcoin News / Google News Bitcoin - 1 year ago

Bitcoin Mining Titan Core Scientific Files Chapter 11 Plan, Signaling Revival Hope - Bitcoinist

Bitcoin Mining Titan Core Scientific Files Chapter 11 Plan, Signaling Revival Hope& & Bitcoinist

Cryptocoins News / The Cointelegraph ​ - 1 year ago

Bitcoin miner Core Scientific files its Chapter 11 plan

The bankruptcy plan explained that holders of allowed debtor-in-possession claims would receive full and final satisfaction of their claims. Bankrupt Bitcoin (BTC) min...

Bitcoin News / Google News Bitcoin - 1 year ago

Bitcoin miner Core Scientific files its Chapter 11 plan - Cointelegraph

Bitcoin miner Core Scientific files its Chapter 11 plan& & Cointelegraph

Bitcoin News / Google News Bitcoin - 1 year ago

Core Scientific self-mined bitcoin output grows 17% in May - Seeking Alpha

Core Scientific self-mined bitcoin output grows 17% in May& & Seeking Alpha

Bitcoin News / Google News Bitcoin - 1 year ago

Bitcoin Miner Core Scientific May Exit Bankruptcy By September - Watcher Guru

Bitcoin Miner Core Scientific May Exit Bankruptcy By September& & Watcher Guru

Cryptocoins News / The Cointelegraph ​ - 1 year ago

Core Scientific moves for September bankruptcy exit, expects $46M boost

Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised. A restructuring plan for...

Bitcoin News / Google News Bitcoin - 1 year ago

Core Scientific Says It Beat Projections Thanks to Bitcoin Rally - Bloomberg Law

Core Scientific Says It Beat Projections Thanks to Bitcoin Rally& & Bloomberg Law

Cryptocoins News / The Cointelegraph ​ - 1 year ago

‘Unjustly enriched:’ Core Scientific knocks back $4.7M claim from Celsius

Core Scientific has rejected a multi-million-dollar administrative claim from Celsius Network, arguing it’s owed an even higher amount from the crypto lender. Bankrupt...

Bitcoin News / Google News Bitcoin - 1 year ago

‘Unjustly enriched:’ Core Scientific knocks back $4.7M claim from Celsius - Cointelegraph

‘Unjustly enriched:’ Core Scientific knocks back $4.7M claim from Celsius& & Cointelegraph

Cryptocoins News / EthereumWorldNews - 1 year ago

Core Scientific’s Stock Hike 7% Following New Hosting Contracts Amid Bankruptcy

Crypto miner Core Scientific has signed a new hosting contract amid its bankruptcy proceedings.& The struggling miner has agreed to host nearly 18,000 BTC mining rigs from three firms.The new contracts will bring the mining firm’s total mining r...