Core Scientific was literally a billion dollar Bitcoin mining farm and miner hosting facility… until they filed for bankruptcy, but they now claim they are emerging, what does this mean for BTC miners and CORZ stock investors?
Hashrate Index wrote this great article – https://hashrateindex.com/blog/how-core-scientific-emerged-from-bankruptcy/
Core Scientific CORZ stock information – https://robinhood.com/stocks/CORZQ/
⏰ Timestamps ⏰
00:00 Is Core scientific bankrupt?
02:02 Core scientific Bitcoin mining operation
03:00 Bitcoin mining is becoming more profitable
06:08 Emerging from Bankruptcy
07:36 What is going on with CORZQ stock?
08:00 Hashrate growing?!
09:30 Why did they go Bankrupt?
10:55 Share dilution?
12:30 Only year ago they went bankrupt
13:38 Core Scientific is a huge operation
14:22 Did they survive?