Data center shares fall as investors expect a slower AI buildout after Democrats' win; Hut 8 drops 23%, IREN 11%, Core Scientific 10%, and Applied Digital 7%
Wall Street closed sharply higher on Wednesday as Democrats' sweeping midterm election victory eased political uncertainty …
A profile of CoreWeave; the cloud GPU provider plans to spend $2.2B to build three European data centers and repurpose several Core Scientific facilities
CoreWeave benefits from jump in AI chip demand and eyes UK and Europe expansion — An upstart challenger to cloud computing giants Amazon …
US-based crypto miner Core Scientific files for Chapter 11 bankruptcy in Texas, estimating its liabilities and assets at $1B-$10B and creditors at 1,000-5,000
The publicly traded miner expects support from some of the holders of its convertible notes in a restructuring deal.
Publicly-traded US bitcoin miners Core Scientific, Marathon Digital, and Riot Blockchain lost $862M, $192M, and $366M, respectively, in Q2 after impairments
The three-largest US publicly traded Bitcoin mining companies lost over $1 billion in the second quarter after taking a series …
Core Scientific, a top bitcoin miner with nearly 10% of the network's hash rate, sold 7,202 mined BTC for $167M in June and now holds 1,959 BTC
Thanks for reading Digital Gamma Weekly Commentary! Crystal Kim / Axios : Big crypto mining shop sells almost all its bitcoin Turner Wright / Cointelegraph : Core Scientific sold $167M worth of Bitcoi...
A report on publicly traded crypto mining companies finds Core Scientific leads with $545M in 2021 revenue, Riot Blockchain had $215M, and Hive Blockchain $195M
Mining firm Core Scientific's hash rate leads all public companies with 8.3 EH/s, and it mined 5,769 BTC in 2021. — 225 Total views