Core Scientific Sold More Bitcoin in July Than It Mined
The miner still holds 1,205 bitcoins and expects to continue to sell its mined coins to pay for expenses. ...
Tag: Core
Bitcoin Miner Core Scientific Signs New 75MW Hosting Deal
Once all the ASIC servers are fully deployed, the agreement is seen generating about $50 million in annual revenue, ...
Bitcoin Miner Core Scientific Gets $100M Equity Financing Despite Bear Market
Core has been raising cash by selling some of the bitcoins it has been mining. Last month, it sold ...
Bitcoin Core Developer Pieter Wuille Scales Back His Maintenance Role
Belgian-born Bitcoin Core developer Peter Wuille is scaling back his contributions to Bitcoin Core. Nevertheless, he will continue contributing ...
Core Scientific Sold Over 7K Bitcoins for About $167M in June, Sees More Sales
Core Scientific’s operations produced 1,106 bitcoins in June, about 36.9 bitcoins a day, slightly higher than in May. Bitcoin ...
Ethereum Core Developer Hints At Proof-Of-Stake Shift Taking Place In August 2022
Ethereum is shifting from PoW to a PoS network to solidify its stance in the crypto space. This plan ...
Core Scientific Cuts Hashrate Outlook, Q1 Revenue Misses Estimates
Despite the news, shares of the miner were up in after-hours trading. Source link
Core Scientific Cites Crypto Market Turmoil in Lowering Its Growth Outlook
These market dynamics, though, have helped create some possible M&A opportunities because of the company’s size and funding, Levitt ...
Headline Inflation Slowed to 8.3% in April, But Core Inflation Keeps Rising
The consumer price index (CPI), the most widely used gauge to track inflation, dropped to 8.3% in April from ...
Core Scientific Begins Reporting Daily Bitcoin Mining Production in Bid to Improve Transparency
Earlier in April, a project by Block, Blockstream, and Tesla project revealed plans to publish real-time mining data. ...
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