Latest News and Articles about Core Scientific
Kash Patel, Bitcoin Advocate, Confirmed as FBI Director: Market Reacts Positively
Trump Appoints Bitcoin Proponent Kash Patel as New FBI Chief President Donald Trump’s appointment of Kash Patel as the new FBI Director has stirred significant debate within both political and cryptocurrency communities. Patel, known for his support of Bitcoin, holds substantial investments in the cryptocurrency and the mining company Core Scientific. His confirmation by a […]
Read MoreBitcoin Miners Face Struggles Amid 130% Price Surge and Halving Impact in 2024
Bitcoin Miners Struggle Despite 130% Surge in 2024 Despite Bitcoin soaring by 130% in 2024, climbing from $42,300 to an impressive $98,600, the surge didn’t translate into prosperity for many publicly listed Bitcoin mining companies. This disconnect highlights the stark challenges miners faced, such as increased operational costs, stiffer competition, and significant reductions in block […]
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