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Core Scientific Set for Post-Bankruptcy Revival with NASDAQ Relisting

Core Scientific Set for Post-Bankruptcy Revival with NASDAQ Relisting

Core Scientific is set to emerge from bankruptcy in January 2024, with plans to distribute convertible notes and stock, and relist on NASDAQ, marking a significant turnaround for the Bitcoin miner.

Retail Momentum on the Bitcoin Network Slows Down by BTC’s Sinking Social Sentiment

Retail Momentum on the Bitcoin Network Slows Down by BTC’s Sinking Social Sentiment

Crypto analyst Joseph Young noted that a slow down in retail momentum and miners moving out of China were affecting Bitcoin.

Marathon Digital reports a 229% revenue increase in 2023

Marathon Digital reports a 229% revenue increase in 2023

Marathon Digital reports a stellar 229% revenue increase in 2023, marking a significant turnaround with record BTC production.

Michael Saylor Defends BTC Mining Council Embraces Decentralization

Michael Saylor Defends BTC Mining Council Embraces Decentralization

Michael Saylor refuted criticism over the newly formed Bitcoin mining council, emphasising that the council is committed to decentralization.

Core Scientific seeks to sell $6.6 million in Bitmain coupons

Core Scientific seeks to sell $6.6 million in Bitmain coupons

On Jan. 25, bankrupt Bitcoin mining business Core Scientific filed an emergency move to sell Bitmain coupons.

Hut 8 Mining Company to Merge with US Bitcoin

Hut 8 Mining Company to Merge with US Bitcoin

Hut 8 Mining and U.S. Bitcoin will consolidate under New Hut, pending court clearance.

Square Says It Has No Plans of Purchasing More Bitcoin After $20 Million Loss

Square Says It Has No Plans of Purchasing More Bitcoin After $20 Million Loss

Following Tesla's announcement that it will halt Bitcoin payments, Square disclosed that it had no intentions of buying more Bitcoin.

Bitcoin's Average Block Size Hits All-Time Highs

Bitcoin's Average Block Size Hits All-Time Highs

The average Bitcoin block size has reached record highs after Bitcoin NFT Ordinals protocol launched.

Core Scientific to Host CoreWeave's AI and HPC Workloads in $100M+ Deal

Core Scientific to Host CoreWeave's AI and HPC Workloads in $100M+ Deal

Core Scientific has signed a multi-year contract to provide CoreWeave with up to 16 MW of data center infrastructure for AI and HPC workloads, with potential revenue exceeding $100 million.

Analysis of Dominance and Dynamics of Bitcoin Mining in 2023

Analysis of Dominance and Dynamics of Bitcoin Mining in 2023

In 2023, Bitcoin mining saw top pools like Foundry and Antpool dominate, navigating 27 difficulty adjustments and 147 empty blocks, showcasing evolving blockchain dynamics.

Marathon Digital Initiates Bitcoin Mining Powered by Renewable Landfill Energy

Marathon Digital Initiates Bitcoin Mining Powered by Renewable Landfill Energy

Marathon Digital Holdings and Nodal Power are launching a 280 kW Bitcoin mining pilot project in Utah, converting harmful methane emissions into electricity for sustainable mining.

Core Scientific Sold 1,975 Bitcoins More That It Mined in July

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.

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