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Trump Wants US To Be Bitcoin Mining Capital Of The World — Core Scientific's Move To Buy Chips From Jack Dorsey Just The First Step In That Direction? CEO Gives Us His Take
Sunday, September 29, 2024 - 9:15am | 698Core Scientific Inc. (NASDAQ:CORZ), one of the world's biggest Bitcoin (CRYPTO: BTC) mining companies, would remember 2024 as a turnaround year. The firm exited Chapter 11 bankruptcy in January and relisted its shares on Wall Street. Since making a comeback, the company's stock has surged nearly...
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Core Scientific's Bitmain Miner Purchase: A Bitcoin Mining Juggernaut Emerges
Friday, September 22, 2023 - 12:20pm | 579Bankrupt Bitcoin (CRYPTO: BTC) miner Core Scientific Inc (OTC: CORZQ) announced the purchase of 27,000 Bitcoin mining servers from Bitmain as part of a deal valued at $77 million. The deal also includes $23.1 million in cash and $53.9 million in Core Scientific common stock...