Home Bitcoin News Bitcoin Mining Bitcoin Miner Core Scientific Will get $100M Fairness Financing Regardless of Bear Market

Bitcoin Miner Core Scientific Will get $100M Fairness Financing Regardless of Bear Market

46 second read
Comments Off on Bitcoin Miner Core Scientific Will get $100M Fairness Financing Regardless of Bear Market
43

Core has been elevating money by promoting a few of the bitcoins it has been mining. Final month, it bought 7,202 bitcoins at a mean worth of $23,000 to boost about $167 million. The miner mentioned it intends to make use of the proceeds from the gross sales primarily for funds towards ASIC servers, capital investments in extra data-center capability and debt repayments.


Source link

Load More Related Articles
Load More By admin
Load More In Bitcoin Mining
Comments are closed.

Check Also

First Mover Asia: Bitcoin Sees No October Rise But; the Greenback because the Protocol within the Way forward for Cash? – CoinDesk

“Indecision and lack of shopping for above $20,000 are pushing Bitcoin to check its …