Crypto miners that are slated to go public soon are likely to face a tough few months following the recent drop-off in bitcoin's price and the broader crypto market. The slump in crypto prices could affect companies such as Core Scientific, which is planning to become a public company through a merger with special purpose acquisition company (SPAC) Power & Digital Infrastructure Acquisition Corp., and bitcoin miner Rhodium Enterprises, which is planning an almost $2 billion dollar IPO. Block, formerly known as payments company Square, is going ahead with its plan to build an open-source bitcoin mining system, according to a Tweet from Thomas Templeton, Block's general manager for hardware. Parler, a free-speech social media platform popular with U.S. conservatives, is launching an NFT collection highlighting former President Donald Trump “in a myriad of settings that capture the essence of the Trump Presidency using symbolic imagery with serious undertones.”
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