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CORZ News

Miner Weekly: Bitcoin Mining Debt Sparks Consolidation – And Bankruptcy!
CORZ

Miner Weekly: Bitcoin Mining Debt Sparks Consolidation – And Bankruptcy!

The Bitcoin Halving's painful hangover is still on

August 29, 2024
Bitdeer Joins Bitcoin Miners to Issue $150M Convertible Notes
CORZ

Bitdeer Joins Bitcoin Miners to Issue $150M Convertible Notes

Bitdeer raised $50 million and $106 million via stock offerings in Q1 and Q2, respectively.

August 15, 2024
Core Scientific Eyes $350M Notes to Repay Bitcoin Mining Debt
CORZ

Core Scientific Eyes $350M Notes to Repay Bitcoin Mining Debt

Core paid $14.7 million in interest expenses during Q2

August 13, 2024
Miner Weekly: Bitcoin’s Record Low Hashprice Pushes Miners to the Brink
CORZ

Miner Weekly: Bitcoin’s Record Low Hashprice Pushes Miners to the Brink

Even the largest miners struggle amid the market slump

August 8, 2024
Bitcoin Mining Giants Deposit $150M to Bitmain Rivals Since Q2
CORZ

Bitcoin Mining Giants Deposit $150M to Bitmain Rivals Since Q2

Riot made deposits and advance payments of $221.8 million to MicroBT during the first half

August 8, 2024
Bitcoin Miner Rhodium in Distress Amid Loan Defaults
CORZ

Bitcoin Miner Rhodium in Distress Amid Loan Defaults

Rhodium seeks $67m in damages from Riot's Whinstone in an arbitration case

August 7, 2024
Core Scientific Expands CoreWeave HPC Hosting to 382MW
CORZ

Core Scientific Expands CoreWeave HPC Hosting to 382MW

CoreWeave still holds an option for an additional 118 MW

August 6, 2024
Celsius Successor Sues for $17M over Failed Bitcoin Mining Site
CORZ

Celsius Successor Sues for $17M over Failed Bitcoin Mining Site

Priority Power Management also had dispute with Core Scientific

July 18, 2024
Block, Core Scientific Unveil Plan for 15 EH/s Bitcoin ASICs
CORZ

Block, Core Scientific Unveil Plan for 15 EH/s Bitcoin ASICs

Block's Proto team will co-design a mining platform for Core with ePIC Blockchain

July 10, 2024
Core Scientific Set to Reduce $260M in Bitcoin Mining Debt
CORZ

Core Scientific Set to Reduce $260M in Bitcoin Mining Debt

Core had about $580 million in current and long-term notes payable as of Q1

July 9, 2024
S19 Pro Miners at Risk as Bitcoin Hashprice Hits New Low
CORZ

S19 Pro Miners at Risk as Bitcoin Hashprice Hits New Low

Breakeven energy rate between $60 and $65 per mWh at current hashprice level

July 5, 2024
Bit Digital May Sell Digital Assets to Fund GPU Expansion for AI Race
CORZ

Bit Digital May Sell Digital Assets to Fund GPU Expansion for AI Race

$BTBT jumped up 13% on Tuesday after the market opened

June 25, 2024