A visual representation of Core Scientific's Bitcoin mining revenue decline, showing a significant financial drop.
Press Release

Core Scientific’s Stunning 62% Drop in Bitcoin Mining Revenue

The cryptocurrency mining sector, known for its volatility, recently saw a significant downturn. Specifically, **Core Scientific**, a prominent player in the Bitcoin mining space, reported a dramatic decline in its second-quarter financial performance. This news has sent ripples through the **crypto mining** community, highlighting the ongoing challenges faced by large-scale operators. Core Scientific’s Steep Decline […]

Two Seas Capital's firm opposition to the CoreWeave acquisition impacting Core Scientific's future in Bitcoin mining and AI data centers.
Bitcoin News

Core Scientific Standoff: Top Shareholder Rejects CoreWeave’s $9 Billion Acquisition Bid

A dramatic financial battle unfolds as Core Scientific, a leading Bitcoin mining company, faces a pivotal moment. Its largest active shareholder, Two Seas Capital, recently announced a staunch opposition to the proposed $9 billion CoreWeave acquisition offer. This crucial development sends ripples through both the cryptocurrency and artificial intelligence sectors. The decision highlights significant disagreements […]

Blockchain News

Strategic CFO Appointment: Core Scientific Welcomes Jim Nygaard

Exciting news for the crypto world! Nasdaq-listed cryptocurrency mining powerhouse, Core Scientific (Nasdaq: CORE), has just announced a significant leadership update. Get ready to welcome Jim Nygaard, the newly appointed Chief Financial Officer (CFO), who is set to steer the financial strategy of this industry leader. This strategic CFO Appointment signals a new chapter for […]

Blockchain News

Massive $1.2B Texas Data Center Expansion: Core Scientific and CoreWeave Deepen Crypto Ties

Exciting developments are unfolding in the world of cryptocurrency and high-performance computing (HPC)! Core Scientific, a prominent crypto mining firm, is doubling down on its partnership with cloud-computing innovator CoreWeave. This strategic move involves a staggering $1.2 billion expansion in the heart of Texas, promising significant ripples across the digital landscape. Let’s dive into the […]

Blockchain News

Massive Expansion: Core Scientific Invests $400M in Alabama HPC Operations

Exciting news for the crypto and high-performance computing (HPC) worlds! Leading crypto mining firm, Core Scientific, is making a bold move to significantly expand its HPC operations. Imagine a powerhouse of computational might growing even stronger – that’s precisely what’s unfolding in Alabama. This strategic expansion signals a major commitment to the future of both […]