Crypto hosting and mining company Core_Scientific has appointed industry veteran Adam Sullivan as its new president. HeleneBraunn reports
Sullivan spent the past six years in various roles at financial services firm XMS Capital Partners, where he was most recently managing director and head of the digital asset and infrastructure group.
At Core Scientific, Sullivan will work on financial and strategic matters, including working with customers, suppliers and creditors as well as help with the reorganization of the company’s management team, according to the filing. Todd DuChene, Core Scientific' current president, will become chief legal officer and chief administrative officer, leading corporate, legal, financial and administrative tasks.
In December, the Austin, Texas-headquartered company, one of the largest publicly traded crypto mining companies in the U.S., after a year of low crypto prices and high energy prices. However, the company continues to mine bitcoin during the bankruptcy process as its cash flows remain positive.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
New report highlights FTX mismanagement, and Arkansas passes crypto mining bill: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Arca's CIO Jeff Dorman explains what's moving crypto markets and what to expect from Ethereum's Shanghai upgrade.
Weiterlesen »
Last Week on Crypto Twitter: Crypto Telenovela | CoinMarketCapWouldn’t it be cool if you could make one tweet and earn hundreds of thousands of dollars with it? You can! You just have to become a Crypto Twitter influenza. More on Crypto Twitter this past week 👇
Weiterlesen »
Petition filed to decertify miner’s union at Warrior Met Coal, union saysA spokesperson for the United Mine Workers of America said the union does not expect a move to decertify it at Tuscaloosa County’s Warrior Met Coal to stand.
Weiterlesen »
Canadian miner Brazil Potash presses on with sensitive Amazon projectA unit of Toronto-based miner Brazil Potash is working to keep a $2.5 billion potash project on schedule, as legal challenges are mounting to its plans for extracting the fertilizer ingredient from beneath the Amazon rainforest.
Weiterlesen »
Canadian miner Teck Resources pushes for restructuring, says Glencore bid 'flawed'Canada's Teck Resources on Monday doubled down on its push to reject an unsolicited $22.5 billion bid from Glencore Plc citing 'fundamental flaws' in the offer and urged shareholders to instead vote for a restructuring.
Weiterlesen »
As flood risk looms, inside the scientific guesswork that keeps Utah water managers up at nightWeber Basin Water Conservancy District is now releasing 1,500 cu ft/second of water out of Pineview Reservoir, which can safely send out about 1,600 cu ft/second into the Ogden River. We are “really pushing the limits,' general manager Scott Paxman said.
Weiterlesen »