Scientific News Block And Core Scientific Partner To Advance Bitcoin Mining Decentralization
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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
The CoreWeave-Core Scientific Deal Isn’t Likely to Go Through. Analysts Say That Makes CORZ Stock a Buy.
Core Scientific (CORZ) is a leading provider of digital infrastructure specializing in high-density colocation and digital asset mining services. The company operates purpose-built facilities across ... 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
CoreWeave CEO Stands Firm on $9B Core Scientific Offer as Shareholder Opposition Mounts
CoreWeave (CRWV) CEO Michael Intrator told CNBC the company will not raise its $9 billion all-stock offer for bitcoin miner Core Scientific (CORZ), calling the acquisition a “nice to have, not a need ... Read More
Bitcoin Core vs. Bitcoin Knots: Actions Speak Louder Than Words
Knots proponents claim to be supporters of Bitcoin's decentralization and its use as censorship resistant money, but their actions do not align with that claim. They claim to fight for mining ... Read More
Core Scientific Upgraded to Outperform Following Failed CoreWeave Merger: Macquarie
Investment bank Macquarie upgraded Core Scientific (CORZ) to outperform from neutral and hiked its price target on the stock nearly 90% to $34 from $18 following the collapse of the CoreWeave (CRWV) ... Read More
Core Scientific falls short of shareholder votes for buyout by CoreWeave
Bitcoin miner Core Scientific failed to win approval for a merger with AI infrastructure company CoreWeave during a shareholders meeting on Thursday. The final results of the preliminary vote will be ... Read More
Google backs $3 billion deal with Bitcoin miner as Big Tech looks to crypto for compute
Google has helped strike another deal with a Bitcoin miner. On Thursday, Cipher Mining announced that it was leasing a data warehouse it owns in Colorado City, Texas, to an AI computing startup. The ... Read More
Texas company shareholders reject $9B acquisition by Nvidia-backed AI firm
Shareholders of the Austin, Texas-based Bitcoin (BTC) mining company Core Scientific (Nasdaq: CORZ) have rejected a $9 billion merger deal with the AI cloud infrastructure company CoreWeave (Nasdaq: ... Read More
Core Scientific 3Q Revenue Falls on Decrease in Bitcoin Mined
Core Scientific logged lower revenue in its latest quarter as it mined fewer bitcoin. The data-center infrastructure company on Friday posted a loss of $146.7 million, or 46 cents a share, compared ... Read More
Core Scientific Deal With CoreWeave Terminated After Failing to Secure Shareholder Support
CoreWeave's plans to buy Core Scientific in an all-stock transaction valued at about $9 billion flopped. Core Scientific said the merger agreement has been terminated and it will remain public traded ... Read More
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