I heard the news that Core Scientific received a billion-dollar credit line from Morgan Stanley. This is serious for the mining industry. The company mainly operates in Texas, where all cryptocurrency mining is currently developing, and this move indicates that traditional financiers are starting to take this segment seriously. The Texas miner activity index seems to be beginning to grow. It will be interesting to see how this affects other players in the space. It might be a signal that institutional capital is more actively entering the crypto infrastructure.

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