921. Bitcoin Miners Bankrupt | Crypto Market Technical Analysis w/ Gareth Soloway
Dec 23, 2022 ·
28m 56s
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Description
Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for bankruptcy. The company still generates positive cash flow, and plans to continue mining...
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Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for bankruptcy. The company still generates positive cash flow, and plans to continue mining while repaying debtholders. The stock is down 98% this year as plunging crypto prices and rising energy prices made mining a much harder business. How will Bitcoin miner revenue effect BTC price in 2023?
Guest: Gareth Soloway Chief Market Strategist of InTheMoneyStocks.com
Website ➜ https://bit.ly/InTheMoneyStocksite
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Guest: Gareth Soloway Chief Market Strategist of InTheMoneyStocks.com
Website ➜ https://bit.ly/InTheMoneyStocksite
Information
Author | Rever Networks |
Organization | Rever Networks |
Website | - |
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