Core Scientific and Crypto Miners Agree to Settle With Equipment Worth $20 Million
It’s finally happened – Core Scientific and crypto miners have come to an agreement on who gets the biggest share of computing resources. After a long-winded battle over who gets access to the latest in computing technology, the two sides have decided to part ways – and do it with $20 million worth of mining equipment.
The battle between the two companies had been raging for months, with both sides claiming they had better technology and speed than the other. But it looks like the only way to determine who was right was to simply purchase the equipment and use it for their own mining operations. Now, it seems, Core Scientific and the crypto miners have finally seen the light and struck a deal.
What Does The Deal Involve?
So what exactly does the deal involve? Well, here’s the breakdown:
- Core Scientific will receive $15 million worth of mining equipment.
- Crypto Miners will receive the remaining $5 million worth of mining equipment.
It should also be noted that the miners will also receive a percentage of the profits from any mining operations conducted on the equipment.
What’s In It For Crypto Miners?
It’s clear what Core Scientific wants out of the deal – equipment and profits. But what about the miners? Well, for them, it’s a chance to get access to some of the latest and greatest technology available. After all, Core Scientific’s equipment is known for being extremely powerful and efficient. This should come in handy for those looking to take on larger and more complicated mining operations.
The settlements between Core Scientific and crypto miners are certainly great news – especially since they involve expensive and powerful equipment. Now both sides can benefit from improved technology, while miners can feel secure in knowing that they’re getting access to the newest and best tech available. And let’s not forget, it also makes for a great joke in the crypto-world: “It looks like Core Scientific got their money back – with interest!”
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