Core Scientific closes 37,000 Bitcoin Mining Rigs of the bankruptcy crypto loan Celsius-Mining Bitcoin messages
Core Scientific closes 37,000 Bitcoin Mining Rigs of the bankruptcy crypto loan Celsius-Mining Bitcoin messages
Core Scientific Plant to close 37,000 Bitcoin mining rigs of the crypto loan Celsius, which has no longer existed, an agreement between the two bankrupt companies. Celsius owes Core Scientific about $ 7.8 million for energy and hosting costs because the crypto loan was unable to make regular payments according to the hosting contract.
Celsius Core Scientific owes $ 7.8 million for energy and hosting costs
lawyers who represented the bankrupt Bitcoin mining company Core Scientific have informed the court that the crypto loan Celsius has not made any payments for the hosting costs of his mining machine since July. The story was first reported von Bloomberg, and Celsius reports reportedly about $ 7.8 million for costs in connection with the machines.
lawyers who represent Core Scientific state that switching off the Bitcoin mining devices would save the company a considerable amount of money, and the company could possibly earn $ 2 million a month if it rented the hosting places to a different mining operation.
Core Scientific was one of the largest Bitcoin miners in the industry and from November 7, 2022 show that 41 % of the server of the company Customers are determined who pay for hosting services. The company applied for bankruptcy protection in accordance with Chapter 11 on December 21, 2022, but found that the company's machines would continue to be operated to pay debts.
Chris Koenig, a lawyer of Celsius, has declared that the crypto loan has agreed to close the 37,000 Bitcoin mining rigs and end the hosting contract. "After today we don't want to earn a dollar with Core," remarked Koenig. The message follows Celsius, who tries to expand customer claims.
"Celsius is preparing to submit an application for extension of the statute of limitations that represents the deadline for submitting a claim later this week from January 3, 2023 to the beginning of February," according to the company said on Twitter. "Our goal is to give accounters additional time to submit proof of claims." Celsius further explained that the application would be forwarded at a hearing on January 10, 2023.
What do you think that Core Scientific has decommissioned 37,000 mining rigs from Celsius? Let us know your opinion on this topic in the comment area below.
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