Clear skies. Low 22F. Winds light and variable..
Clear skies. Low 22F. Winds light and variable.
Updated: December 24, 2022 @ 8:02 pm
Business reporter
Denton’s resident crypto miner, Core Scientific, saw shares plummet this fall when the crypto market began to crash. If the company files bankruptcy as it has suggested it may consider, it could mean bigger bills for customers of Denton Municipal Electric, since the utility provider was betting on revenue from Core Scientific to keep rates stable in light of the millions in debt racked up during Winter Storm Uri.
Denton’s environmentally friendly future that was to be fueled in part by cryptocurrency seems to be growing dimmer with Core Scientific’s rec…
Core Scientific, Denton’s resident cryptocurrency miner, may file for bankruptcy protection if its financial situation does not improve, the c…
Crypto mining company Core Scientific, which is busy building the second phase of its Denton data center, has seen its stock fall rapidly duri…
Powered by a process called mining, cryptocurrency, a digital or virtual currency, is created by “using computer power to solve complicated ma…
Business reporter
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