Mining

Massive Bitcoin Mining Farm is EMERGING From

Massive Bitcoin Mining Farm is EMERGING From Bankruptcy?! Core Scientific

#Massive #Bitcoin #Mining #Farm #EMERGING

“VoskCoin”

Core Scientific was literally a billion dollar Bitcoin mining farm and miner hosting facility… until they filed for bankruptcy, but they now claim they are emerging, what does this mean for BTC miners and CORZ stock investors? Subscribe!

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15 Comments

  1. I watched the video. Corzq total debts are roughly $1.3 billion, however the company is valued at between $1b and $10 billion. They mine 30+/- BTC daily, at a current value of $35k per BTC, that's $1 million per day.

    Even the video stated that corzq share value is $3.50 each, so it trading currently at $0.69 each is a sizeable discount.

    BTC will return to it's ATH of $60,000 (some say $100,000 and the crazies say BTC is going to $1 million per coin) and corzq will continually be adding more miners, thereby minting even more coins daily.

    Even after share dilution I don't think we have anything to worry about. This should be a $10 stock in no time, mara and others are higher priced stocks, but mine fewer BTC daily.

  2. why do these large bitcoin operations get so much attention? With a few large players out there, the purpose of decentralization is defeated. Im ok seeing large operations take it on the chin and individual miners thrive.

  3. hi voskcoin , just a quick question , im going to buy from cryptominerbros, and will be buying the KS0 pro , I'm from Scotland , and this will get me started , But to ask do you have a discount code this would help me greatly and be well appreciated , thank you,

  4. One thing that I don't think you know, and did not report; Core Scientific used to hold Bitcoin from their mining operations. But due to the crypto winter, they were forced to sell. The fact that they were forced to sell at the wrong time contributed to their BK filing. But I would expect that once they exit BK and get running with higher Bitcoin prices, they will probably start holding once again. And I think you threw shade on them for only being a seller. fyi

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