Core Scientific shuts down 37K mining rigs it was hosting for Celsius
Core Scientific estimates that canceling the agreement with Celsius will provide $2 million in revenue per month as long as Bitcoin stays around $16,700.
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Bitmain Will Not Ship Crypto Mining Equipment to China
Mining hardware manufacturer Bitmain will no longer ship its products to mainland China. The move is in response to local regulations, the company explained. The announcement follows a prolonged crackdown…