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Gryphon lacks financial resources for agreed miners

Company: Core Scientific

Subject kind
partnership
Statement date
2022-03-03
Current status
stated

The claim, verbatim

Gryphon Digital Mining appears to lack financial resources to purchase and install miners in Core Scientific's facilities; as of January 6, 2022, Gryphon had only 3,000 S19J Pro machines despite the agreement calling for 71,000 machines.

Source (primary)

Core Scientific, Inc. — Entry #1842: Adversary case 22-03345 (RECAP (purchased via PACER), court_filing)
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Quote: “Gryphon appears to us to be a stock promotion, with little financial wherewithal to purchase or install its miners in Core's facilities... Gryphon most recently disclosed that as of January 6, 2022, the company had just 3,000 S19J Pro machines.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Core Scientific, Inc. — Entry #1842: Adversary case 22-03345

Quote: “Gryphon appears to us to be a stock promotion, with little financial wherewithal to purchase or install its miners in Core's facilities... Gryphon most recently disclosed that as of January 6, 2022, the company had just 3,000 S19J Pro machines.”

View cached copy (2026-09-26)Live source ↗