- Core Scientific ( NASDAQ: CORZ ) self-mining operations produced 1,221 bitcoins in July (vs. 1,106 bitcoins in June ); expanded its fleet of self-mining servers by 6% to 109K and increased its hashrate by 6% to 10.9 EH/s from prior month levels.
- Daily bitcoins produced at the end of month stood at 42 (vs. 36.9 bitcoins in prior month).
- During July, the company sold 1,975 bitcoins at an average price of ~$22K/bitcoin for total proceeds of ~$44M; company held 1,205 bitcoins and ~$83M in cash on its balance sheet.
- Bitcoin production benefitted from the deployment of ~6K net new servers during the month.
- As of July-end, the company operated ~195K ASIC servers, representing 19.3 EH/s, in its data centers.
- Currently, the company has multiple facilities operational in Texas, with significant future development planned for Texas and Oklahoma in 2022.
- The company expects to deploy ~60K additional self-mining ASIC servers before 2022-end; as of July month end, self-mining accounted for ~56% of the company’s total hashrate.
For further details see:
Core Scientific July bitcoin production rose 10.4% M/M with new deployments and multiple facilities