Core Scientific announced production and operational updates for October 2022

11/07 15:51

According to Businesswire, Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance blockchain computing data centers and software solutions, today announced production and operational updates for October 2022. As of month-end, the Company operated approximately 243,000 ASIC servers for both colocation and self-mining, representing a total of 24.4 EH/s. The Company’s Georgia, Kentucky, North Carolina, and North Dakota data center facilities continue to operate at capacity. The Company has completed 287 MW of its data center build out in Texas. During the month of October, the Company sold 2,285 Bitcoins at an average price of $19,639 per bitcoin for total proceeds of approximately $44.8 million. As of October 31, 2022, the Company held 62 bitcoins and approximately $32 million in cash.

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