Core Scientific Financial News

06.06 / 06:55

Core Scientific AI Demand Surge Drives Crypto Miners to Transform Data Center

The surge in GPU demand is driving crypto miners to transform their data centers to meet the needs of the artificial intelligence (AI) industry.

06.08 / 19:41

Core Scientific Bitcoin Miner Core Scientific to Deliver Additional 112 MW of HPC Infrastructure for CoreWeave

Core Scientific announced on August 6 an extension of its partnership with CoreWeave to deliver an additional 112 megawatts (MW) of high-performance computing (HPC) infrastructure.

12.07 / 19:19

BLOCK Core Scientific Core Scientific New Mining Chips from Block to Boost Hashrate by Nearly 15 EH/s

Block, Inc. (SQ) and Core Scientific (CORZ) have entered into a landmark agreement that will see Core Scientific receive Block’s newly developed 3-nanometer mining ASICs, enhancing Core Scientific’s hashrate by approximately 15 EH/s (exahashes per second).

09.05 / 10:45

Mining Core Scientific Bitcoin Core Scientific Records $211 Million Net Income in Q1 2024

Core Scientific announced its financial results for the first quarter of 2024, highlighting a significant recovery with a net income of $211 million.

22.09 / 07:13

Bitmain Core Scientific Bitcoin Miner Bitmain to Invest $54 Million in Bankrupt Bitcoin Mining Company Core Scientific

Digital asset miner Core Scientific announced a new partnership with Bitmain, a major player in the supply of Bitcoin mining and Artificial Intelligence (AI) computing hardware.

15.09 / 17:33

Mining Celsius Core Scientific Deal settlement Celsius and Core Scientific Reach $45 Million Settlement Deal Following Mining Facility Dispute

Digital asset miners Core Scientific and Celsius Mining have struck a $45 million deal over the Cedarvale mining site after months of litigation.

22.06 / 18:51

Mining Core Scientific Bitcoin Bitcoin Miner Bankrupt Bitcoin Miner Core Scientific Presents Chapter 11 Plan, Optimistic of Successful Revival

The troubled US-based Bitcoin (BTC) miner Core Scientific has filed its reorganization plan under Chapter 11 of the US bankruptcy law, and now plans to convert debt to equity for creditors.

22.12 / 13:39

Mining Bankruptcy Core Scientific One of the Largest Bitcoin Mining Firms Just Filed For Bankruptcy – Here’s What it Means for the Crypto Industry

Core Scientific, one of the largest Bitcoin mining companies, has filed for bankruptcy amid plunging cryptocurrency prices and skyrocketing energy prices, becoming the latest victim of the ongoing crypto winter.

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