{"id":83464,"date":"2022-12-21T01:24:07","date_gmt":"2022-12-21T06:24:07","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83464"},"modified":"2022-12-21T01:07:42","modified_gmt":"2022-12-21T06:07:42","slug":"bitcoin-miner-core-scientific-is-filing-for-chapter-11-bankruptcy-but-plans-to-keep-mining","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2022\/bitcoin-miner-core-scientific-is-filing-for-chapter-11-bankruptcy-but-plans-to-keep-mining.html","title":{"rendered":"Bitcoin miner Core Scientific is filing for Chapter 11 bankruptcy \u2014 but plans to keep mining"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/CORZ\/\">Core Scientific<\/a>, one of the largest publicly traded crypto mining companies in the U.S., is filing for Chapter 11 bankruptcy protection in Texas early Wednesday morning, according to a person familiar with the company\u2019s finances. The move follows a year of plunging cryptocurrency prices and rising energy prices.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/12\/20\/bitcoin-miner-core-scientific-filing-for-bankruptcy-will-keep-mining.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for Chapter 11 bankruptcy protection in Texas early Wednesday morning, according to a person familiar with the company\u2019s finances. The move follows a [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83464","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83464"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83464\/revisions"}],"predecessor-version":[{"id":83465,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83464\/revisions\/83465"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}