BTC miner Core Scientific gets interim nod for $37.4M bankruptcy loan

BTC miner Core Scientific gets interim nod for $37.4M bankruptcy loan


Coinnounce
2022-12-23 08:57:00

One of the biggest cryptocurrency mining firms in the country, Core Scientific, filed for Chapter 11 bankruptcy on December 21 due to growing energy costs, decreased income, and the expected decline in the price of bitcoin in 2022.