Sheldon Reback
Sheldon Reback is a CoinDesk news editor based in London. He owns a small amount of ether.
The world's largest bitcoin miner, Core Scientific (CORZ), said it anticipates that existing cash resources will be depleted by the end of the year, possibly sooner.
- The company will not make payments due in late October and early November 2022 with respect to several of its equipment and other financings, it said in a filing Thursday.