UPDATE: Core Scientific, which accounts for about 10% of computing power on the bitcoin network, listed estimated assets and liabilities of $1 billion- $10 billion, it its bankruptcy filing. By egreechee and Aoyon_A
Core Scientific , one of the largest bitcoin miners by computing power, filed for bankruptcy on Wednesday and reached a deal with some of its lenders to restructure its debt.
The miner's estimated assets are between $1 billion - $10 billion, according to the filing. At the end of Q3, Core Scientific's assets stood at $1.4 billion, whereas its liabilities were about $1.3 billion, according to itsThe bankruptcy of Core Scientific, which accounts for about 10% of computing power on the bitcoin network,
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