According to a CNBC story, one of the biggest bitcoin miners in the market, Core Scientific, plans to declare bankruptcy in Texas while continuing to mine bitcoin. Core Scientific to File Bankruptcy Core Scientific is the first publicly traded firm to file for bankruptcy, despite the fact that numerous mining companies have struggled financially during the down market. In order to escape bankruptcy, for the time being, bitcoin miners Greenridge and NYDIG negotiated a debt reduction agreement on Tuesday. One of the biggest publicly traded mining companies, Core Scientific, is still making money. However, the money is not sufficient to The post Core Scientific to File Bankruptcy and Continue Mining During the Process appeared first on Cryptoknowmics-Crypto News and Media Platform .
