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Core Scientific

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

September 22, 2023 by sabbirbhai

Bitcoin miner Core Scientific (CORZQ) has agreed to exchange $23.1 million in cash and $53.9 million in common stock for 27,000 Bitmain S19J XP 151 TH bitcoin mining servers, according to a press release.

Categories Bitmain, Core Scientific, Finance, Mining, News Leave a comment

Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal

September 17, 2023 by sabbirbhai

Celsius had previously claimed hundreds of millions in damages in a squabble over unpaid dues that led to its mining rigs being powered down.

Categories Bankruptcy, Celsius, Core Scientific, Mining, News, Policy, Regulations Leave a comment

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