Core Scientific to expand Texas Bitcoin mining data center by 72MW
And Uminers breaks ground on Ethiopian data center
And Uminers breaks ground on Ethiopian data center
Total revenue associated with the contract is more than $100m
Meanwhile Hut 8 pauses operations amid legal dispute
Company's share price has fallen by 98 percent
Mining equipment not making enough profit to cover repayments
Company won't pay debts in October & November, could run out of cash by year-end
Investment bank follows similar investment in Core Scientific earlier this year
Core Scientific plans to invest more than $100 million in mining facility
After a disappointing quarter, Nvidia hopes to get in your data center