Mike Levitt News
04.08 / 16:33
business
Bankruptcy
Core Scientific appoints Adam Sullivan as CEO amid restructuring process
Publicly traded Bitcoin (BTC) miner Core Scientific has appointed Adam Sullivan its CEO. Sullivan, who previously served as the company’s president, took the role on Aug. 4, while co-founder and former CEO Mike Levitt remains chairman of the board.
06.08 / 01:55
business
Energy Consumption
Texas
Power
Bitcoin production
Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
Crypto mining firm Core Scientific reported its operations produced 1,221 Bitcoin (BTC) in July even as the company powered down several times in response to demand on the Texas power grid.
26.07 / 22:47
business
Mining
NASDAQ
Bitcoin Price
Core Scientific to increase ASIC server capacity by 75 MW
United States Bitcoin (BTC) miner Core Scientific has signed a new colocation agreement to increase its data center hosting capacity by 75 megawatts (MW), a move intended to showcase the company’s ongoing commitment to boosting its infrastructure capabilities amid the ongoing bear market.
06.07 / 01:03
business
Mining
Bitcoin
Holdings
bitcoin holdings
Core Scientific sold $167M worth of Bitcoin holdings in June
United States-based cryptocurrency mining firm Core Scientific sold more than 7,000 Bitcoin in June to pay for servers, increase its data capacity, and settle debts.
30.03 / 05:31
business
Mining
Bitcoin
Core Scientific strikes digital gold: Revenue up 800%, gross profit up 2500%
U.S. Bitcoin mining firm Core Scientific has posted bullish 2021 fiscal year results compared to the year prior, with its revenue increasing by 803% to $544.5 million and gross profit growing 2,443% to $238.9 million.
facts about Mike Levitt
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