News Roundup: Core Scientific Sliding Toward Bankruptcy, Block & Argo | Matt Krimmell | The Mining Pod
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 MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Learn more about your ad choices. Visit megaphone.fm/adchoices