Bitcoin (BTC) $100,776.87 -3.02%
Ethereum (ETH) $3,271.04 -4.64%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 155.70657 -3.64%
Cardano (ADA) $0.52 -4.62%
Chainlink (LINK) $14.43 -4.73%
Litecoin (LTC) $86.28 -2.38%
Dash (DASH) $113.86 5.61%
Helium (HNT) 2.319213 0.51%
Polygon (MATIC) 0.25693 2.45%
X-CASH (XCASH) 2.0E-6 -48.86%
Dogecoin (DOGE) $0.00 -0.08%

Cryptocurrencies: 27846

Markets: 116350

Market Cap: $3,350,465,516,360

24h Vol: $162,289,815,217

Bitcoin.com

2022-12-21 15:30:33

Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt

Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt

On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, Core Scientific has roughly 1,000 to 5,000 creditors and its estimated assets are worth between $1-10 billion. Core Scientific Voluntarily Files for Chapter

esptco-banner img

Latest News

Brazil Implements Comprehensive Crypto Rules Targeting Marke...

2025-11-12 03:48:35
Ripple Labs Targets Wall Street with Bold Crypto Strategy

2025-11-12 03:38:36
Bitcoin Faces New Quantum Computing Threat: What Investors S...

2025-11-12 03:18:37
AI’s Potential Shifts Power Dynamics in the Mining Industry

2025-11-12 00:18:35
Bitcoin’s Dramatic Decline: What Happens Next?

2025-11-11 22:10:11
Joseph Chalom Champions Ethereum for Institutional Digital F...

2025-11-11 21:58:33

Videos

Future Of Cryptocurrency: What Are Your thoughts On Future of Cryptocurrency? Explained By Cryptela
Ethereum Classic (ETC): What is Ethereum Classic (ETC)? EXPLAINED!
What is Bitcoin Mining? Step By Step Process!
Spot Trading vs P2P Trading!

Our Partners

Hashing Ad Space

Inbound Junction

Asimi

Crypto Marketing Agency, FINPR

Chainwire