core scientific

CoreWeave Acquires Core Scientific for $9 Billion, Expanding AI Data Center Footprint

CoreWeave Acquires Core Scientific for $9 Billion, Expanding AI Data Center Footprint

Once an Ethereum mining operation, CoreWeave is now a major AI data center provider. They recently made headlines by announcing an all-stock agreement to acquire Core Scientific for roughly $9 billion. This acquisition provides CoreWeave with near instant access to scale and predicated power. It further cements the company’s hand...

Bitcoin Mining
CoreWeave Reignites Acquisition Talks with Core Scientific, Driving Stock Surge

CoreWeave Reignites Acquisition Talks with Core Scientific, Driving Stock Surge

Shares of crypto miner Core Scientific (CORZ) soared more than 25% this week. This increase occurs amid the backdrop of reenergized speculation over a possible acquisition by fellow startup CoreWeave. The resumed talks mark a potentially significant new chapter for both companies. Combined, they have the power to radically change...

Bitcoin Mining
CoreWeave Eyes Core Scientific: AI Power Grab or Risky Bet?

CoreWeave Eyes Core Scientific: AI Power Grab or Risky Bet?

CoreWeave, the largest competitor to Nvidia in the booming AI cloud infrastructure market, recently restated its buyout offer for Core Scientific. With a focus on its large scale data center facilities, Core Scientific was once the largest publicly traded Bitcoin miner. This move raises a critical question: Is this a...

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Core Scientific Stock Rockets After CoreWeave Takeover Interest Resurfaces

Core Scientific Stock Rockets After CoreWeave Takeover Interest Resurfaces

Core Scientific shares are skyrocketing today after the news that takeover talks with CoreWeave have reportedly been revived. This announcement follows Core Scientific’s record-breaking first quarter earnings, where net income more than tripled to $580 million. The historic acquisition—which would be the first of its kind in the state—could be...

Bitcoin Mining
Core Scientific's Soaring Shares: A Win for AI, Not Bitcoin?

Core Scientific's Soaring Shares: A Win for AI, Not Bitcoin?

Core Scientific's stock is popping, and while some might shout "Bitcoin's back, baby!" I see something far more profound: a quiet, yet seismic, shift towards the dominance of artificial intelligence. CoreWeave’s speculative acquisition of Core Scientific is more than just an asset shuffle. This is a small move, indeed, but...

Our Takes
Core Scientific's Deal: Smart Move or Risky AI Bet?

Core Scientific's Deal: Smart Move or Risky AI Bet?

Mining giant CoreWeave has re-upped its bid to purchase Core Scientific. Is this a stroke of genius, or might it be a potentially riskier bet that sinks them in deep water? Let us explore the pragmatic realities, shall we? Disregard the fantasyland promises. We’re not just playing with monopoly money,...

Our Takes
Core Scientific's Q1 2025 Earnings: What to Watch on May 7th

Core Scientific's Q1 2025 Earnings: What to Watch on May 7th

For our readers in the crypto ecosystem, knowing and understanding the financial condition of influential players is incredibly important. That’s where KnowingCoin.com comes in, arming you with the insights and innovative tools to make sense of the chaotic, ever-evolving digital asset landscape. Core Scientific, Inc. (Nasdaq: CORZ), a significant name...

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Core Scientific to Announce First Quarter 2025 Financial Results on May 7

Core Scientific to Announce First Quarter 2025 Financial Results on May 7

As the largest digital infrastructure for high-performance computing and Bitcoin mining Core Scientific, Inc. Shortly after publication of the above expected disclosure, the company will file its financial results for Q1 FY 2025. Please note that the announcement will take place after financial markets close on Wednesday, May 7, 2025....

Bitcoin Mining
Core Scientific's Q1: Is Bitcoin Mining's Golden Age OVER?

Core Scientific's Q1: Is Bitcoin Mining's Golden Age OVER?

Every hour is a critical window for the firm’s success. It acts as one of the pulsating indicators of the overall health of the Bitcoin mining industry. This time, the stakes feel higher. Is the gold rush fading? Have we entered a new age characterized by ever-shrinking margins, more fierce...

Our Takes
Core Scientific's Q1 Earnings: 3 Reasons Why Bitcoin's About to BOOM!

Core Scientific's Q1 Earnings: 3 Reasons Why Bitcoin's About to BOOM!

Alright, let's talk Bitcoin. You've probably seen the headlines, the speculation, maybe even felt a little anxiety about where it's headed. I'm here to tell you: Core Scientific's upcoming Q1 earnings release on May 7th isn't just another financial report. It's a potential launchpad for the next Bitcoin bull run....

Our Takes
3 Reasons Solana ETFs Are About to EXPLODE (And Make You Rich!)

3 Reasons Solana ETFs Are About to EXPLODE (And Make You Rich!)

Let's cut the crap. You're here because you want to make money, and I'm here to tell you how. Forget slow and steady – we're talking about a potential rocket ship: Solana ETFs.These aren't your grandma's blue-chip stocks. We’re leaping full into the crypto wild west, but with a parachute...

Solana ETF Hype? 5 Crucial Risks Investors Are Ignoring

Solana ETF Hype? 5 Crucial Risks Investors Are Ignoring

Well, fine, the Solana ETF train really is leaving the station, and everyone’s rushing to the boarding gate to try to secure a boarding pass. I get it. The Bitcoin ETFs have done spectacularly well. On the other hand, Ethereum ETFs continue to make slow but sure gains and the...

KULR's Bitcoin Bet: Genius Move Or Risky Gamble For Crypto Dominance?

KULR's Bitcoin Bet: Genius Move Or Risky Gamble For Crypto Dominance?

KULR has been awarded to supply advanced thermal management solutions for space exploration. Now, is it indeed on the cusp of becoming a Bitcoin mining superpower? Or, in a world leaning toward monopoly, are they just overreaching in a field filled with elephants? They just launched in Paraguay with hundreds...

KULR's Mining Power Surge: 750 PH/s & Eyes on 1.25 EH/s!

KULR's Mining Power Surge: 750 PH/s & Eyes on 1.25 EH/s!

KULR has been attracting attention in the Bitcoin mining industry for its aggressive expansion strategy. The firm’s going all-in, straight to the deep end. It has a goal of expanding its hash rate and Bitcoin reserves exponentially. KULR takes an innovative buy-or-mine approach to run its business efficiently. Positioned perfectly...

KULR's Mining Expansion Smart Growth Or Overreach?

KULR's Mining Expansion Smart Growth Or Overreach?

KULR Technology Group’s recent entry into the Bitcoin mining industry with a “buy-or-mine” approach and an outpost in Paraguay has turned heads. It’s either a stroke of genius, or they’re really digging too deep for themselves in a landscape known for its extreme boom-and-bust cycles. Let’s move past the buzzword...

Solana ETF Surge: $78M Inflows! Is SOL Next for ETF Approval?

Solana ETF Surge: $78M Inflows! Is SOL Next for ETF Approval?

The crypto community has been abuzz over Solana—and for good reason. Over the past month, three Solana-focused exchange-traded funds (ETFs) listed in the U.S. have quietly poured in $78 million. This increase is a reflection of an increasing appetite for investment products underpinned by these altcoins. This surge in inflows...

Solflare Security Deep Dive: Is Your Solana Safe?

Solflare Security Deep Dive: Is Your Solana Safe?

At times, the Solana blockchain felt like the only bright spot in an otherwise dismal crypto market. It is well-known for its high throughput and extremely cheap transaction fees. The Solana developer ecosystem is experiencing a massive growth spurt. This momentum drives an even greater demand for secure conversational wallets...

Solflare Safe? The Uncomfortable Truth About Solana Wallet Security

Solflare Safe? The Uncomfortable Truth About Solana Wallet Security

Solflare. It’s the name that’s continuing to bubble up as you dig into Solana. Everyone seems to recommend it. Secure, feature-rich, the go-to for SOL staking. Hold on a minute there, speed racer. Have we all really lost our freaking minds to the hype monster?Is Solana Really That Different?Here's a...