One of the Largest Bitcoin Mining Firms Just Filed For Bankruptcy – Here’s What it Means for the Crypto Industry

 

Core Scientific, one of the largest Bitcoin mining companies, has filed for bankruptcy amid plunging cryptocurrency prices and skyrocketing energy prices, becoming the latest victim of the ongoing crypto winter. 
On Wednesday, the firm filed for Chapter 11 bankruptcy protection in Texas. The filing notes that Core Scientific has $1 to $10 billion in assets, and also $1 to $10 billion in liabilities. …https://blockchainwebbag.com/crypto-nfts/
Read More: One of the Largest Bitcoin Mining Firms Just Filed For Bankruptcy – Here’s What it Means for the Crypto Industry  Core Scientific, one of the largest Bitcoin mining companies, has filed for bankruptcy amid plunging cryptocurrency prices and skyrocketing energy prices, becoming the latest victim of the ongoing crypto winter. 
On Wednesday, the firm filed for Chapter 11 bankruptcy protection in Texas. The filing notes that Core Scientific has $1 to $10 billion in assets, and also $1 to $10 billion in liabilities. …
Read More: One
of the Largest Bitcoin Mining Firms Just Filed For Bankruptcy – Here’s What it Means for the Crypto Industry Cryptonews ..... related post

Comments

Popular posts from this blog

Rolls Royce Introduces the Phantom Series With an Exclusive NFT Collection

Best Crypto to Buy Today 21 December – FGHT, TWT, D2T, AXS, CCHG

North Korea-Linked Lazarus Group Poses as VC Firms to Spread Malware