Core Scientific raised $500M from BlackRock, Apollo and others
Core Scientific also received over $50 million from these institutional investors in DIP loans to continue operations during bankruptcy proceedings.
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Core Scientific also received over $50 million from these institutional investors in DIP loans to continue operations during bankruptcy proceedings.
Monika Ghosh 2 min read
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Marathon, Hut8, and Riot collected the largest amount of Bitcoin while Bit Digital emerged as the one that increased its mining capability the most.
Zero-emission energy resources account for 52.2% of the network's energy usage. Meanwhile, Kazakhstan now represents only 6.4% of the global hash rate.
Since the last difficulty adjustment on Jan. 3, BTC price surged 27% to trade above $21,000 for the first time since FTX collapsed.
BTC hashrate spike 20% on Jan. 12 before retracing to 251.79 EH/s.