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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 […]
]]>US Lawmakers Send Inquiry to ERCOT CEO Over Texas Crypto Mining and Its Effects on the So-Called Climate Crisis
https://www.digit.info/us-lawmakers-send-inquiry-to-ercot-ceo-over-texas-crypto-mining-and-its-effects-on-the-so-called-climate-crisis/
Thu, 13 Oct 2022 17:30:01 +0000https://www.digit.info/2022/10/13/us-lawmakers-send-inquiry-to-ercot-ceo-over-texas-crypto-mining-and-its-effects-on-the-so-called-climate-crisis/Read more]]>A number of Democratic U.S. policymakers have written a letter to the CEO of the Electric Reliability Council of Texas (ERCOT) in order to inquire about the cryptocurrency mining operations in the state. The letter that stems from senator Elizabeth Warren’s office says that the lawmakers are concerned with the so-called climate crisis, and the […]
]]>Analyst Says Duke Energy Corporation Is Studying Bitcoin Mining Applied to Demand Response
https://www.digit.info/analyst-says-duke-energy-corporation-is-studying-bitcoin-mining-applied-to-demand-response/
Mon, 04 Jul 2022 17:30:16 +0000Read more]]>According to the lead rates and regulatory strategy analyst at Duke Energy Corporation, the second-largest U.S. energy corporation is currently studying bitcoin mining. Lead analyst Justin Orkney said that a bitcoin demand response (DR) study was being worked on and the energy firm is partnered with bitcoin miners that are enrolled in Duke’s DR programs. […]
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 […]
A number of Democratic U.S. policymakers have written a letter to the CEO of the Electric Reliability Council of Texas (ERCOT) in order to inquire about the cryptocurrency mining operations in the state. The letter that stems from senator Elizabeth Warren’s office says that the lawmakers are concerned with the so-called climate crisis, and the […]
According to the lead rates and regulatory strategy analyst at Duke Energy Corporation, the second-largest U.S. energy corporation is currently studying bitcoin mining. Lead analyst Justin Orkney said that a bitcoin demand response (DR) study was being worked on and the energy firm is partnered with bitcoin miners that are enrolled in Duke’s DR programs. […]