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Core Scientific Inc

Bitcoin miner Core Scientific is filing for Chapter 11 bankruptcy — but plans to keep mining

Taylor Daemon Dec 21, 2022

Core Scientific's 104 megawatt Bitcoin mining data center in Marble, North CarolinaCarey McKelveyCore Scientific, one of the largest publicly traded crypto mining companies in the…

Technology

Bitcoin miner Core Scientific issues bankruptcy warning and the stock is down 97% for the year

Taylor Daemon Oct 27, 2022

An array of bitcoin mining units inside a container at a Cleanspark facility in College Park, Georgia, U.S., on Friday, April 22, 2022.Elijah Nouvelage | Bloomberg | Getty…

Technology

How ethereum’s merge made crypto mining more sustainable

Taylor Daemon Oct 22, 2022

After years of anticipation, the cryptocurrency ethereum finally implemented a major network upgrade that completely changes how the blockchain verifies transactions, mints new…

Technology

Crypto miners moved over $300 million of bitcoin in one day, and some are dropping out altogether

Taylor Daemon Jul 18, 2022

New data from blockchain analytics firm CryptoQuant shows that miners are rapidly exiting their bitcoin positions.14,000 bitcoin, worth more than $300 million at its current price,…

Technology

Dorsey, Saylor, Fidelity and others defend environmental impact of bitcoin mining in letter to EPA

Taylor Daemon May 2, 2022

These machines, known as mining rigs, work round the clock to find new units of cryptocurrency.Benjamin Hall | CNBCSome of the biggest names in bitcoin — including Jack Dorsey, Tom…