Core Scientific may consider bankruptcy following uncertain financial condition: Report
November 01 2022 - 4:15PM
Cointelegraph
![](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvM2ZjNWQ3Y2EtNWQ4Mi00MzI4LThhYTgtYTc2ZWE1MDY5Y2RjLmpwZw==.jpg)
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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