News Roundup: Silvergate Troubles, Core Scientific Turns Off 37k Rigs, Argo & Galaxy Partner | The Mining Pod

Silvergate Bank hits some rough water and lays off staff, Marathon pays off revolving credit line, Core Scientific parts ways with Celsius, and Argo restructures its debt.

Matt Kimmell: https://twitter.com/MatthewKimmell

Will Foxley: https://twitter.com/wsfoxley

STORIES

https://www.coindesk.com/business/2023/01/05/silvergate-cuts-40-jobs-writes-off-diem-asset-acquisition/

https://www.bnnbloomberg.ca/crypto-miner-core-scientific-to-shut-37-000-celsius-rigs-1.1865410

https://www.coindesk.com/business/2023/01/05/bitcoin-miner-marathon-digital-pays-off-silvergate-revolving-credit/

https://finance.yahoo.com/news/argo-blockchain-plc-announces-transformational-070000486.html

https://mempool.space/mining

TIMESTAMPS:

00:00 Start

01:30 Silvergate & Genesis

05:34 Marathon

07:23 Core Scientific & Celsius

11:51 Argo Blockchain

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