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Rabbit Hole Recap #224: Largest Bitcoin Miner Potentially Bankrupt

Rabbit Hole Recap

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Is Core Scientific Going to Bank Rubs?

Core Scientific, one of the largest miners in Bitcoin, is considering going into bank rubs. Marathon Mining, which was heavily dependent on Compute North, filed for bankruptcy last month. If core and marathon shut down a massive amount of their hash rate, it would benefit other miners who are able to continue running race six.

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