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Core Scientific may consider bankruptcy following uncertain financial condition: Report

The mining firm has cited the low price of Bitcoin, electricity costs, an increase in the BTC hash rate, and litigation with Celsius playing a role in its financial difficulties.

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Core Scientific may consider bankruptcy following uncertain financial condition: Report

The mining firm has cited the low price of Bitcoin, electricity costs, an increase in the BTC hash rate, and litigation with Celsius playing a role in its financial difficulties.

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This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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