Crypto mining bankruptcy

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Biggest Bitcoin Miner Bankrupt?
Crypto mining firm Core Scientific Inc. won court approval to exit bankruptcy and implement a restructuring plan that trims about $ Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for bankruptcy protection. "The global settlement removes key hurdles to our anticipated emergence from Chapter 11 in January," said CEO Adam Sullivan in a statement.

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calendar_month 07.01.2023

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Come for the alpha, stay for the fresh air. The move follows a year of plunging cryptocurrency prices and rising energy prices. The company partners with oil and gas producers to put their wasted energy into productive and profitable use. EZ Blockchain, for example, is in good shape thanks to its minimized cost model and minimal debts.