Tag: CoreScientific

Core Scientific, the largest US mining company in terms of computing power, revealed its loss for the first nine months of the year reached over $1.7 billion. The firm posts a $435 million loss in Q3 amid bankruptcy looms.   The Texas-based Bitcoin mining company is one of the hardest hit miners, with low Bitcoin…

Major blockchain hosting and digital asset mining company Core Scientific is going public through a merger with Power & Digital Infrastructure Acquisition Corp., valued at around $4.3 billion combined. On Wednesday, Core Scientific Holding Co., one of the largest mining companies in North America, announced its plan to go public on Nasdaq via a special…