Scientific News Block And Core Scientific Partnership To Decentralize Bitcoin Mining

CoreWeave CEO says Core Scientific 'not a need to have' as shareholder opposition to deal rises

Shareholders have raised opposition to CoreWeave's acquisition of Core Scientific saying the price is too low. Read More

Bitcoin Miner Core Scientific Upgraded to Buy as HPC Momentum Builds: B. Riley

Investment bank B. Riley upgraded Core Scientific (CORZ) to buy from neutral, and raised its price target on the shares to $30 from $17, citing strong standalone value and renewed momentum in ... Read More

CoreWeave’s (CRWV) Acquisition Bid for Core Scientific Faces Major Pushback

CoreWeave’s ($CRWV) planned acquisition of bitcoin mining firm Core Scientific ($CORZ) is facing rising pushback. Core Scientific’s largest active ... Read More

CoreWeave CEO Stands Firm on $9B Core Scientific Offer as Shareholder Opposition Mounts

Michael Intrator calls the deal a “nice to have” as ISS and major investors urge shareholders to reject the proposed acquisition. Read More

Block Inc. Launches Proto Rig: Modular Bitcoin Miner Challenging Bitmain’s Dominance

Block Inc., led by Jack Dorsey, partners with Core Scientific to introduce the Proto Rig, a modular Bitcoin mining system designed for seamless upgrades and lower maintenance costs, targeting ... Read More

Bitcoin Mining : Block Introduces Proto Rig and Proto Fleet

Block, Inc. (NYSE: XYZ) unveiled Proto Rig, a modular bitcoin mining system, and Proto Fleet, an open-source fleet management software. The announcement, made during an event held at Proto customer ... Read More