Celsius filed for bankruptcy on July 12, 2022, and Core Scientific filed on December 21, 2022.
The plug will be pulled on Celsius’ mining rigs on January 3, 2022, as per court orders.
The host company Core Scientific is losing $2 million in incremental revenue per month.
Another Bitcoin mining company is to shut down their mining rigs, as the whole BTC mining industry is suffering from a trifecta of problems, rising energy prices, increasing difficulty and depleting prices. Core Scientific (CORZ) to shut down mining rigs tied to Celcius mining.
#CoreScientific Shuts Down 37,000 Mining Rigs Belonging to #Celsius
Core Scientific has reached an agreement with #cryptolender #CelsiusNetwork to shut down over 37,000 mining rigs belonging to the latterhttps://t.co/S87JYiJo5Z pic.twitter.com/4zgYFMMS7U
— TheCoinrise (@TheCoinriseCom) January 5, 2023
Core’s largest client has 37,000+ machines after judges’ approval to reject the contract by the US bankruptcy court. It should
We współpracy z: https://www.thecoinrepublic.com/2023/01/05/celsius-mining-rigs-to-be-shut-down-by-core-scientific/
