Mining Firm Core Scientific Agrees with Celsius to Shut Down 37,000 Mining Rigs
Celsius Network has entered into an agreement to allow crypto mining company Core Scientific shut off over 37,000 mining rigs.
Celsius Network has entered into an agreement to allow crypto mining company Core Scientific shut off over 37,000 mining rigs.
Public mining companies sold almost all of the Bitcoins mined in 2022, putting pressure on the price of the cryptocurrency.
Mining company Argo Blockchain has announced a series of strategic deals with Galaxy Digital.
According to mining company BIT Mining Limited, hackers attacked the BTC.com pool it controls on December 3.
The hashrate of BTC fell from 229 EH/s to 156 EH/s or by about 32% on December 24.
In December, the capacity began to fall. The hashrate has fallen by almost 50% to 109.3 Th/s.
The Bankruptcy Court has just allowed miner Core Scientific to access a $37.5 million loan from existing creditors that the company plans to use to solve liquidity problems.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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