Core Scientific Reports Strong Bitcoin Mining Output for December 2024
Core Scientific, a prominent leader in digital infrastructure and Bitcoin mining, recently announced its production and operations updates for December 2024. The company’s performance metrics reflect sustained growth and efficiency in the mining sector, showcasing its pivotal role in the cryptocurrency ecosystem.
In December, Core Scientific successfully mined 291 Bitcoin through its self-mining operations, bringing the total for 2024 to an impressive 6,595 Bitcoin. For the fourth quarter alone, the company produced 974 Bitcoin. Additionally, its hosting services enabled customer-owned mining operations to generate an estimated 18 Bitcoin during the month. These achievements underline Core Scientific’s dual focus on its own mining endeavors and its commitment to providing high-quality hosting services to customers.
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Core Scientific currently operates approximately 171,000 Bitcoin miners across its data centers. Of these, 164,000 are owned by the company, contributing to a total energized hash rate of 19.1 EH/s. The remaining 7,000 miners belong to customers utilizing Core Scientific’s hosting services, representing an energized hash rate of 1.0 EH/s. This combined capacity translates to a total energized hash rate of 20.1 EH/s as of the end of December.
Beyond its mining output, Core Scientific actively supports local energy grids by reducing power consumption at its facilities when needed. In December, the company delivered 30,985 megawatt hours of power back to the grid, reflecting its commitment to sustainable operations and energy efficiency.
Core Scientific’s leadership in the digital mining and high-performance computing space is further reinforced by its strategic focus on integrating artificial intelligence-related workloads into its infrastructure. The company is actively transitioning parts of its nine operational data centers across the U.S. to accommodate this growing sector, signaling its forward-thinking approach to expanding market opportunities.
As a trailblazer in the Bitcoin mining industry, Core Scientific continues to push boundaries with innovative strategies and robust operational results. The company’s December 2024 performance highlights its resilience and adaptability in an ever-evolving digital asset landscape.
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