Core Scientific
Bitcoin Miner Core Scientific Shares Spike After Signing $2B of Additional Computing Contract
The extension of the previous deal with CoreWeave brings total revenue potential for the miner to more than $6.7 billion.
Core Scientific Upgraded to Buy From Neutral to Reflect HPC Expansion: B Riley
The bitcoin miner will be a leader in hosting high-performance computing due to its lucrative deals with CoreWeave and management’s deep experience in operating enterprise data centers, the report said.
Private Equity Giants Are Circling Bitcoin Miners on AI Allure
Private equity firms are seeing value in partnering with bitcoin miners to help with AI computing after Core Scientific signed a 200MW deal with CoreWeave in June, the company’s CEO said in an exclusive interview with CoinDesk.
Robinhood to Buy Crypto Exchange Bitstamp; Core Scientific Rejects CoreWeave's Buyout Offer
"CoinDesk Daily" host Helene Braun breaks down the biggest headlines impacting the crypto industry today, as trading platform Robinhood announced on Tuesday that it has agreed to acquire crypto exchange Bitstamp for $200 million in cash. Plus, Core Scientific has rejected the more than $1 billion buyout offer from cloud computing firm CoreWeave and Binance can once again allow Mastercard users to purchase crypto on the exchange.
Core Scientific Rejects CoreWeave's Over $1B Buyout Offer
The board of Core Scientific rejected CoreWeave's offer to buy the miner for $5.75 per share.
Bitcoin Miner Core Scientific Surges After AI Deal, Report of Over $1B Buyout Offer From CoreWeave
Cloud computing provider CoreWeave made an offer to buy the bitcoin miner for $5.75 per share, according to Bloomberg.
Bitcoin Miners Reap Windfall as 'Runes' Debut Sends Transaction Fees to Record Highs
The Bitcoin "halving" was supposed to dramatically chop revenue of bitcoin mining companies. Instead, the simultaneous launch of Casey Rodarmor's Runes protocol has ignited a flurry activity on the oldest and largest blockchain, driving up fees.
Bitcoin Miners Must Optimize to Survive
The bitcoin mining industry will likely consolidate following the halving as miners with access to more capital continue to expand their operations and improve their infrastructure, software and business contracts, Core Scientific CEO Adam Sullivan writes.
General Population 'Still Feeling Angst' About Crypto From 2022, Core Scientific CEO Says
Core Scientific CEO, Adam Sullivan, weighs in on the general sentiment towards crypto after the hype in 2021 and contagion in 2022. "People are still feeling the angst," Sullivan said.
Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
Core Scientific CEO Adam Sullivan joins CoinDesk to discuss the state of bitcoin mining in the U.S. and the impact of the upcoming halving on the industry. Plus, why he envisions miners will diversify their business beyond mining ,and insights into AI's influence on the power sector.
