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

January 4, 2023 by DIGIT
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Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender CelsiusCore Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and hosting costs, as the crypto lender has been unable to make regular payments as outlined in the hosting contract. Celsius […]

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Categories account holders, bankrupt firms, Bankruptcy, bankruptcy protection, bar date, Bitcoin Miners, Bitcoin Mining, bitcoin mining devices, bitcoin mining operation, celsius, Chapter 11 bankruptcy protection, Chris Koenig, Core Scientific, Crypto lender, customer claims, deadline, debt, energy costs, extending, hearing, hosting contract, hosting costs, hosting seats, hosting services, lawyer, mining, Motion, proofs of claim, regular payments, Servers, shutting down, Twitter
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  • bitcoinBitcoin(BTC)$87,822.000.47%
  • ethereumEthereum(ETH)$2,937.320.28%
  • tetherTether(USDT)$1.00-0.04%
  • binancecoinBNB(BNB)$856.912.01%
  • rippleXRP(XRP)$1.871.12%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$124.541.28%
  • tronTRON(TRX)$0.2836811.20%
  • staked-etherLido Staked Ether(STETH)$2,937.050.31%
  • dogecoinDogecoin(DOGE)$0.1239801.05%