News Roundup: Core Scientific Sliding Toward Bankruptcy, Block Hiring Argo CTO
Channel: Compass Mining
Date: 2022-10-29

We talk about Core Scientific mentioning possible bankruptcy in SEC filing (stock is down 97%), Maple creating a new lending pool for miners and Block hiring the former CTO of Argo.

Matt Kimmell: https://twitter.com/MatthewKimmell
Will Foxley: https://twitter.com/wsfoxley

STORIES

https://compassmining.io/education/september-monthly-performance/

https://www.coindesk.com/business/2022/10/24/struggling-bitcoin-miners-are-flocking-to-maple-finances-300m-lending-pool/

https://www.cnbc.com/2022/10/27/bitcoin-miner-core-scientific-warns-it-might-go-bankrupt-stock-plunges.html

https://www.bloomberg.com/news/articles/2022-10-25/block-sq-btc-taps-former-argo-technology-chief-hothi-for-bitcoin-mining

TIMESTAMPS:

00:00  Start
00:55 Core Scientific
01:21 Intro
04:49 Core Scientific Financials
07:57 Miner capitulation?
10:06 Maple Finance
14:04 Block + Argo

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