Core Scientific, Inc. (CORZ) News

Core Scientific, Inc. (CORZ): $14.13

0.35 (-2.42%)

POWR Rating

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Stability

D

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Industry: Technology - Services

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CORZ News Highlights

  • CORZ's 30 day story count now stands at 28.
  • Over the past 26 days, the trend for CORZ's stories per day has been choppy and unclear. It has oscillated between 1 and 10.
  • LOAN, BODY and GMBL are the most mentioned tickers in articles about CORZ.

Latest CORZ News From Around the Web

Below are the latest news stories about CORE SCIENTIFIC INC that investors may wish to consider to help them evaluate CORZ as an investment opportunity.

Core Scientific Announces November and December 2022 Updates

AUSTIN, Texas, January 09, 2023--Core Scientific Announces November and December 2022 Updates

Yahoo | January 9, 2023

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

Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius.

News Bitcoin.com | January 4, 2023

Bitcoin Miner Core Scientific Plans to Shut Down 37,000 Celsius Rigs

Core had partially blamed Celsius for its financial troubles, saying its contract with the lender made it lose $28,000 daily.

CryptoPotato | January 4, 2023

Core Scientific to Shut Down Thousands of Celsius Bitcoin Mining Rigs

Core Scientific will shut down thousands of bitcoin mining rigs tied to Celsius. Core Scientific says the mining rigs are costing the firm $2 million in revenue per month, per court filings. Both companies filed for Chapter 11 bankruptcy last year amid the crypto bear market. Loading Something is loading. Thanks for signing up! Access […] The post Core Scientific to Shut Down Thousands of Celsius Bitcoin Mining Rigs appeared first on TECHTELEGRAPH .

Techtelegraph | January 4, 2023

Core Scientific Shuts Down 37,000 Mining Rigs Belonging to Celsius

Core Scientific has reached an agreement with crypto lender Celsius Network to shut down over 37,000 mining rigs belonging to the latter The post Core Scientific Shuts Down 37,000 Mining Rigs Belonging to Celsius appeared first on Blockchain, Crypto and Stock News .

CryptoPrice Nigeria | January 4, 2023

Core Scientific Cuts Power To 37K Celsius Miners

Core Scientific has come to an agreement with Celsius Network to shut down the 37,000 mining rigs that it was hosting for the latter. Power Cut To Celsius’s Rigs The Celsius Network has agreed to let the Bitcoin miner Core Scientific cut power to the 37,000 mining rigs it was hosting for the defunct crypto platform due to Celsius’s ongoing bankruptcy proceedings. The mining company initiated this move by filing a revised proposed order on January 3, claiming that all Celsius mining rigs would be powered down immediately. The filing also stated that the powered-down rigs would not be restarted during the transition period. Celsius Defaulted On Electricity Fees This move comes after several months of Celsius defaulting on power bills, for which Core Scientific even accused Celsius on Octo...

Crypto Daily | January 4, 2023

Bitcoin Miner Core Scientific Reaches Agreement To Shut Off Celsius Mining Rigs

The two bankrupt businesses will end the hosting agreement which Core Scientific said was costing it $53,000 a day.

Decrypt | January 4, 2023

Bitcoin miner Core Scientific to shut down 37,000 mining rigs of Celsius Network

Bitcoin miner Core Scientific last month filed for Chapter 11 bankruptcy protection. It was said that Core Scientific was impacted due to a lawsuit with Celsius Networks LLC and its affiliates.

Livemint | January 4, 2023

In another blow to Celsius, Core Scientific shuts down 37,000 mining rigs

Core Scientific has shut down 37,000 mining rigs that were hosted for Celsius. The Bitcoin miner’s share price has jumped over 81% following this decision. Bitcoin [BTC] mining firm Core Scientific has started 2023 by rearranging its operations in an effort to ease its finances. On 3 January, the company took all the mining rigs […]

AMB Crypto | January 4, 2023

Core Scientific to stop operating its Celsius crypto mining hardware

Core Scientific (CORZ), a bitcoin miner, recently rejected its contract with Celsius Mining, Core''s largest client with over 37,000 machines, and declared that it will shut down Celsius Mining''s mining equipment.

Crypto News | January 4, 2023


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