Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius – Mining Bitcoin News

Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius

Attorneys representing Core Scientific state that shutting down the bitcoin mining devices would save the firm a substantial amount of funds, and the company could potentially make $2 million per month if it rents out the hosting seats to another mining operation.from Nov. 7, 2022, show that 41% of the company’s servers are for customers paying for hosting services. The company filed for Chapter 11 bankruptcy protection on Dec.

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Bitcoin Miner Core Scientific Plans to Shut Down 37,000 Celsius RigsCore had partially blamed Celsius for its financial troubles, saying its contract with the lender made it lose $28,000 daily.
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Core Scientific shuts down 37K mining rigs it was hosting for CelsiusCelsius Network agreed to let bankrupt Bitcoin (BTC) miner Core Scientific shut off 37,000 mining rigs the miner was hosting for it after the crypto miner argued the lender breached its contract and termination of the agreement would significantly boost its revenues during restructuring. Ok, I only listen to ChiefraFba for signals! Cardano $ADA PoS is going for 1
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