Core Scientific Inc ( (CORZ) ) has provided an update.
Core Scientific, Inc. disclosed a production and operations update for September 2024, revealing they mined 345 bitcoins and held a total of 5,621 bitcoins year-to-date, with an additional 1,115 bitcoins mined in the third quarter. The update highlighted the company’s strategic shift towards high-performance computing (HPC), including the completion of ASIC miner migration and the initiation of a new 100-megawatt data center project. The report also mentioned the sale of 370 bitcoins, yielding approximately $22.2 million, and a total operational hash rate of 23.4 EH/s from their mining operations. Core Scientific is focusing on expanding infrastructure to drive growth and enhance shareholder value.
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