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Core Scientific Inc.
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Core Scientific Inc.

Core Scientific Announces January 2025 Production and Operations Updates

| 8-K |Technology

Summary

Core Scientific, Inc. announced its January 2025 production and operations updates, revealing that the company earned 256 self-mined Bitcoin and its customers earned an estimated 17 Bitcoin at the company's data centers. The total energized hash rate for the company's data centers was 19.5 EH/s, and the company provided data center hosting services for approximately 7,000 customer-owned bitcoin miners. Additionally, Core Scientific delivered 48,236 megawatt hours to local electrical grids.

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About Core Scientific Inc.

Core Scientific Inc. is a leading provider of blockchain infrastructure and artificial intelligence-related services and solutions. This dynamic company primarily focuses on the development of high-performance data centers designed to support digital asset mining and blockchain networks. The firm operates vast and sophisticated facilities that offer hosting services, providing clients with the necessary infrastructure to mine cryptocurrencies, including Bitcoin. Core Scientific Inc. is deeply embedded within the technology and financial sectors, leveraging advanced computing environments that enable scalable, secure, and efficient processing of blockchain transactions. Founded on the principles of innovation and operational excellence, Core Scientific has positioned itself as a significant player in the growth of blockchain technology, impacting how digital currencies are mined and managed. Its role in the financial markets includes supporting the decentralized finance ecosystem and contributing to the broader adoption of cryptocurrencies by enhancing the technical framework required for their operation and legitimacy.

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