Search Results for "core"
Core Scientific Sold 1,975 Bitcoins More That It Mined in July
Core Scientific mentioned that curtailment activities related to power shutdowns limited its Bitcoin production activities during the month of July. The company, however, said it mined more Bitcoins during July than the previous month.
Swiss-based Crypto Firms Selects Tezos for Tokenizing Finance Products
Swiss firms, Crypto Finance Group, InCore Bank, and Inacta have tapped the power of Tezos blockchain to launch tokenized finance products.
Bitmain Commits $54 Million Investment in Core Scientific, Inc. Amid New Supply Contract
Core Scientific has secured a $53.9 million investment from Bitmain, a leading manufacturer of digital currency mining servers. The deal involves a $23.1 million cash payment and an equity exchange worth $53.9 million in Core Scientific common stock. The partnership aims to boost the Bitcoin Network's efficiency and contribute to the company's self-mining hash rate.
Core Scientific Posts Strong Q4 Amidst 2023 Fiscal Recovery
Core Scientific has announced a significant fiscal recovery for Q4 2023, with a notable increase in self-mined bitcoin and improved financial results.
Core Scientific Reports Strong Financial Performance in Q1 2023
Core Scientific, a Bitcoin miner firm, saw a 49% increase in Q1 2023 revenue to $179.3 million, with a net income of $210.7 million, despite facing risks from Bitcoin price volatility and debt.
Core Scientific's Bankruptcy Exit: Financial Revival and Operational Expansion
Core Scientific's court-approved bankruptcy plan sets the stage for its Nasdaq relisting, debt restructuring, and operational expansion, aiming to bolster revenue and shareholder value.
Marathon Digital Admits to Mining an Invalid Bitcoin Block
Marathon Digital Holdings encountered a setback as it mined an invalid block on the Bitcoin network due to an internal bug amidst an operational optimization experiment. The company acknowledged the error and praised Bitcoin's self-corrective security measures.
B2Core iOS v1.22 Update: New IB Module and Centroid Integration for an Unparalleled User Experience
B2Broker has updated its B2Core iOS app, enhancing functionality and user experience with Centroid account integration and the IB module, allowing direct trading on cTrader.
Axie Infinity's 2023 Journey: Surpassing Challenges and Achieving Web3 Dominance
Axie Infinity experienced significant growth in 2023, enhancing user engagement and financial performance with key developments like Axie Core and Axie Evolution, leading in NFTs and blockchain gaming.
Core Scientific Going Public in $4.3 Billion SPAC Merger
Core Scientific becomes the latest crypto-mining to go public via SPAC.
Core Scientific's future is under "substantial doubt"
Core Scientific lost $434.8 million in Q3 2022. After second-quarter net losses of $862 million, 2022 net losses are $1.71 billion. The company expects to run out of cash by 2022. It doubted its ability to raise money through financing or capital markets. In a tweet on Nov. 22, he noted that bitcoin mining had fallen below $10,000.
Microsoft Signs Multi-Billion Dollar Deal with Nvidia-Backed CoreWeave, Former Ethereum Miner, for AI Computing
According to CNBC, Microsoft is set to expand its footprint in the artificial intelligence (AI) sector with a multi-billion dollar deal with CoreWeave, a cloud computing startup once known for its Ethereum mining operations.