Core Scientific Inc.
Core Scientific Releases February 2025 Production Update
Summary
Core Scientific, Inc. reported its February 2025 production update on March 5, 2025, revealing that the company self-mined 215 Bitcoin for a total of 471 Bitcoin year-to-date. Additionally, customers earned an estimated 16 Bitcoin at Core Scientific's data centers in February. The company operated approximately 166,000 bitcoin miners with a total energized hash rate of 19.4 EH/s. A press release detailing these updates is furnished as Exhibit 99.1.
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Exhibits (1)
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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.
Official SEC Documents
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