Company Announcements

Core Scientific Inc Reports Strong Bitcoin Mining Results

An announcement from Core Scientific Inc ( (CORZ) ) is now available.

Core Scientific, a key player in digital infrastructure for bitcoin mining, reported earning 369 bitcoins in October 2024, bringing their year-to-date total to 5,990. The company operates around 185,000 miners and has expanded its data center infrastructure in Pecos, TX by 100 MW. They also provided hosting services for customer-owned miners who earned 52 bitcoins. Despite a slight drop in hosting hash rate, they maintained steady bitcoin sales and revenue, highlighting their robust operations and strategic growth in the blockchain sector.

Find detailed analytics on CORZ stock on TipRanks’ Stock Analysis page.

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