Sunday March 07, 2021
Bitcoin (BTC) $50,723.00   Ether (ETH) $1,669.84
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Featured

Core Scientific and Horizon Kinetics expand investment in next-gen crypto mining equipment

Core Scientific also bolsters its leadership team with Taras Kulyk, former President and Chief Operating Officer of Alt 5 Sigma...

Published by CryptoNinjas.net
07/02/2020
Core Scientific and Horizon Kinetics expand investment in next-gen crypto mining equipment

Core Scientific, a US-based blockchain hosting provider, announced today it has partnered with New York-based investment manager Horizon Kinetics to upgrade the cryptocurrency miners it hosts for Horizon Kinetics to the Antminer S19 and S19 Pro models manufactured by Bitmain.

Core Scientific has been a hosting partner for Horizon Kinetics’ cryptocurrency mining business for over a year. During that time, Horizon Kinetics has tripled the number of miners it hosts with Core Scientific. With their industry-leading speed and energy efficiency, the S19 and S19 Pro models from Bitmain enable bitcoin miners to stay competitive post the halving of the bitcoin block reward.

Hugh Ross, COO of Horizon Kinetics said: “Having performed due diligence reviews of more than a dozen hosted cryptocurrency mining facilities in the United States and Canada over the last three years, and now having worked with Core Scientific for more than a year, we have seen first-hand the difference working with a professionally managed organization can make in the success of your mining business. The sheer size of their operation coupled with their dedication to the client experience had already put in them in the top tier of U.S. domiciled hosting companies. And now, with the access they are able to offer their clients to a steady flow of the latest Malaysian-manufactured equipment from Bitmain, they have stepped up their game a notch and are definitely an industry leader.”

In addition to its partnership with Horizon Kinetics, Taras Kulyk, former President and COO of Alt 5 Sigma, has joined Core Scientific as its Senior Vice President of Blockchain Business Development.

Kevin Turner, CEO of Core Scientific said, “Taras joins Core Scientific at the perfect time, as we continue to rapidly expand our operations, strengthen relationships with existing institutional clients, and welcome new ones. With his impressive background and expertise in the digital asset industry, investment banking, and technology sectors, I am confident he will be a great addition to the team.”

Taras Kulyk, Senior VP of Blockchain Business Development for Core Scientific said, “We are excited to see more leading institutional investors like Horizon Kinetics expand their investment exposure to include digital assets, in particular cryptocurrency mining. Given the massive increase in attention the digital asset sector is experiencing, over the next few months I will be leading Core Scientific’s effort to onboard an increasing number of institutional players; in essence, providing a stable, North American-based mechanism for sophisticated investors to gain direct exposure to this rapidly maturing asset class.”

11
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram
Via: Core Scientific

Related News

Avalanche raises $12M in private token sale led by Initialized, Galaxy, Bitmain, NGC and Dragonfly Capital
Capital Raising

Avalanche raises $12M in private token sale led by Initialized, Galaxy, Bitmain, NGC and Dragonfly Capital

06/25/2020
Bitmain holds live AMA session with BigONE Exchange
Events

Bitmain holds live AMA session with BigONE Exchange

02/18/2020
Bitmain launching two new enhanced Antminer 17 series miners CryptoNinjas
Mining

Bitmain launching two new enhanced Antminer 17 series miners

10/09/2019
Bitmain launches two new 17 series Antminer models
Featured

Bitmain launches two new 17 series Antminer models

09/09/2019
Mgt Capital Bitmain Bitcoin
Mining

Bitcoin miner MGT Capital orders 1,100 S17 miners from Bitmain

07/18/2019
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

03/04/2021
Creators of crypto wallet Exodus files with SEC to allow purchase of its stock with bitcoin

Creators of crypto wallet Exodus file with SEC for $75M public offering

03/03/2021
SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

03/02/2021
Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

03/01/2021
DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

03/04/2021
Bitcoin DeFi platform Sovryn reveals $1.25M bug bounty; raises $10M in token presale

Bitcoin DeFi platform Sovryn reveals $1.25M bug bounty; raises $10M in token presale

03/05/2021
P2P crypto escrow platform Escaroo adds staking function from Moonstake

P2P crypto escrow platform Escaroo adds staking function from Moonstake

03/05/2021
SecondState launches Ethereum compatible ParaTime on the Oasis blockchain

SecondState launches Ethereum compatible ParaTime on the Oasis blockchain

03/05/2021
NFT platform Curio closes seed funding of $1.2M to fuel expansion

NFT platform Curio closes seed funding of $1.2M to fuel expansion

03/05/2021
IOTA token added as collateral asset on Bitfinex Borrow

IOTA token added as collateral asset on Bitfinex Borrow

03/05/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version