CoinGape
2022-11-22 20:54:29

This Publicly Traded Bitcoin Miner Lost $1.7 Billion In 2022

Core Scientific Inc., the largest publicly traded Bitcoin mining business in the U.S., reported a $1.7 billion loss for the first nine months of the year. The Austin, Texas-based business is one of the miners that has been most hit, as low Bitcoin prices have caused mining revenue to drop to an all-time low. Dwindling Profit The post This Publicly Traded Bitcoin Miner Lost $1.7 Billion In 2022 appeared first on CoinGape .

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