Core Scientific To Sunset 37,000 Celsius Bitcoin Mining Machines

Core Scientific To Sunset 37,000 Celsius Bitcoin Mining Machines


Ethereum World News
2023-01-04 13:32:22

Summary: Lawyers representing the Bitcoin miner said the company was losing north of $53,000 daily due to a hosting agreement with Celsius. The company will shutter hosting services for 37,000 Bitcoin mining rigs owned by the defunct crypto lender. Both companies filed for bankruptcy following a harsh year for crypto asset prices in 2022. Bitcoin mining company Core Scientific will shut down Celsius mining machines following an agreement between the two crippled crypto entities. The deal was disclosed during a