TipMeACoffee

#bitmain
mahmud552
@mahmud552 in Status·a year ago

and a February #decision from the judge authorized Celsius debtors to sell $7.4 million worth of #Bitmain coupons if needed.

furkan
@furkan in Status·a year ago

Of other importance is $83.3 million in remaining #payments for contracted #miners above the 6.0 EH/s of capacity, which remain subject to ongoing discussions with #Bitmain.

furkan
@furkan in Status·a year ago

In March 2022, the company completed a loan facility with lending firm #NYDIG for $71 million secured by 19,800 #Bitmain S19j Pro #miners over a period of 25 months.

rabeka
@rabeka in Status·a year ago

In March 2022, the company completed a loan facility with lending firm #NYDIG for $71 million secured by 19,800 #Bitmain S19j Pro #miners over a period of 25 months.

rabeka
@rabeka in Status·a year ago

Of other importance is $83.3 million in remaining #payments for contracted #miners above the 6.0 EH/s of capacity, which remain subject to ongoing discussions with #Bitmain.

novel
@novel in Status·a year ago

Of other importance is $83.3 million in remaining #payments for contracted #miners above the 6.0 EH/s of capacity, which remain subject to ongoing discussions with #Bitmain.

novel
@novel in Status·a year ago

In March 2022, the company completed a loan facility with lending firm #NYDIG for $71 million secured by 19,800 #Bitmain S19j Pro #miners over a period of 25 months.

tofazzel
@tofazzel in Status·a year ago

Of other importance is $83.3 million in remaining #payments for contracted #miners above the 6.0 EH/s of capacity, which remain subject to ongoing discussions with #Bitmain.

tofazzel
@tofazzel in Status·a year ago

In March 2022, the company completed a loan facility with lending firm #NYDIG for $71 million secured by 19,800 #Bitmain S19j Pro #miners over a period of 25 months.

anthim
@anthim in Status·a year ago

Of other importance is $83.3 million in remaining #payments for contracted #miners above the 6.0 EH/s of capacity, which remain subject to ongoing discussions with #Bitmain.

anthim
@anthim in Status·a year ago

In March 2022, the company completed a loan facility with lending firm #NYDIG for $71 million secured by 19,800 #Bitmain S19j Pro #miners over a period of 25 months.

foysal
@foysal in Status·a year ago

Of other importance is $83.3 million in remaining #payments for contracted #miners above the 6.0 EH/s of capacity, which remain subject to ongoing discussions with #Bitmain.

foysal
@foysal in Status·a year ago

In March 2022, the company completed a loan facility with lending firm #NYDIG for $71 million secured by 19,800 #Bitmain S19j Pro #miners over a period of 25 months.

furkan
@furkan in Status·a year ago

Of other importance is $83.3 million in remaining #payments for contracted #miners above the 6.0 EH/s of capacity, which remain subject to ongoing discussions with #Bitmain.

furkan
@furkan in Status·a year ago

In March 2022, the company completed a loan facility with lending firm #NYDIG for $71 million secured by 19,800 #Bitmain S19j Pro #miners over a period of 25 months.

kangkung
@kangkung in Status·a year ago

In March 2022, the company completed a loan facility with lending firm #NYDIG for $71 million secured by 19,800 #Bitmain S19j Pro #miners over a period of 25 months.

kangkung
@kangkung in Status·a year ago

Of other importance is $83.3 million in remaining #payments for contracted #miners above the 6.0 EH/s of capacity, which remain subject to ongoing discussions with #Bitmain.

udavaleks
@udavaleks in Status·a year ago

#Bitmain will start selling a new miner for #Ethereum Classic on February 3

hasanmahmud
@hasanmahmud in Status·a year ago

#Bitmain's coupons were set to expire in March/April 2023, when the #company

hasanmahmud
@hasanmahmud in Status·a year ago

#difficulties. It is not possible to convert these product-specific coupons into cash with #Bitmain.

hasanmahmud
@hasanmahmud in Status·a year ago

Core Scientific has $6 million worth of #Bitmain #coupons, but they are facing some

hasanmahmud
@hasanmahmud in Status·a year ago

Core Scientific has approached the court to get approval to sell off #Bitmain #vouchers,

hasanmahmud
@hasanmahmud in Status·a year ago

appeal in court to sell #Bitmain coupons worth $6.6 #million as per the records.

hasanmahmud
@hasanmahmud in Status·a year ago

Core Scientific #Submits a $6 Million #Bitmain Coupon Sale Request On January 25

mehedi
@mehedi in Status·a year ago

On Jan. 25, #Bitcoin mining business Core Scientific filed an emergency move to sell #Bitmain coupons.

mehedi
@mehedi in Status·a year ago

#Core #Scientific seeks to sell $6.6 million in #Bitmain coupons

novel
@novel in Status·a year ago

#Core Scientific files motion to sell over $6M in #Bitmain coupons

tofazzel
@tofazzel in Status·a year ago

#Core Scientific files motion to sell over $6M in #Bitmain coupons

anthim
@anthim in Status·a year ago

#Core Scientific files motion to sell over $6M in #Bitmain coupons

foysal
@foysal in Status·a year ago

#Core Scientific files motion to sell over $6M in #Bitmain coupons

hasannnnnn
@hasannnnnn in Status·a year ago

#Core Scientific files motion to sell over $6M in #Bitmain coupons

mehedi
@mehedi in Status·a year ago

#Core #Scientific files motion to sell over $6M in #Bitmain coupons

anthim
@anthim in Status·a year ago

Bankrupt #Bitcoin #BTC tickers down $23,007 mining firm Core Scientific filed on Jan. 25 an emergency motion seeking to sell #Bitmain coupons worth $6.6 million, according to court records

anthim
@anthim in Status·a year ago

Specifically, the coupons can "only be used to pay 30% of any new order of S19 #Miners from Bitmain, and cannot be exchanged with #Bitmain for cash"

anthim
@anthim in Status·a year ago

The #coupons are limited to S19 models, which provides a lower hash rate output compared to #Bitmain's recent models

anthim
@anthim in Status·a year ago

Even with the availability of the #Bitmain Coupons, is the best use of the Debtors’ #cash," claimed the #company

anthim
@anthim in Status·a year ago

Moreover, the #Bitmain #coupons are due to expire between March and April of 2023

anthim
@anthim in Status·a year ago

Along with the motion, the #company has been in discussions with #Bitmain and two potential third-parties interested in #buying the coupons under a significant discount

anthim
@anthim in Status·a year ago

In #particular, the sale of a $1.9 million of #Bitmain coupons for $285,000 and the sale of $4.8 million in #coupons for approximately $713,000, both representing 15% of the coupons' face value

anthim
@anthim in Status·a year ago

While the aggregate #purchase #price of approximately $1.0 million would represent a significant discount to the approximately $6.7 million face value of the #Bitmain Coupons