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3232Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt
https://www.digit.info/core-scientific-files-for-bankruptcy-protection-firm-plans-to-continue-mining-bitcoin-to-pay-down-debt/
Wed, 21 Dec 2022 15:30:33 +0000https://www.digit.info/2022/12/21/core-scientific-files-for-bankruptcy-protection-firm-plans-to-continue-mining-bitcoin-to-pay-down-debt/Read more]]>On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, Core Scientific has roughly 1,000 to 5,000 creditors and its estimated assets are worth between $1-10 billion. Core Scientific Voluntarily Files for Chapter […]
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, Core Scientific has roughly 1,000 to 5,000 creditors and its estimated assets are worth between $1-10 billion. Core Scientific Voluntarily Files for Chapter […]