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Seeking Alpha 2022-05-05 13:35:14

Core Scientific reports increase in average daily bitcoin production

Core Scientific (NASDAQ:CORZ) reported production of 1,121 bitcoins in April from its self-mining operations which leads to an average of 37.4 bitcoins per day (vs. 36.9 in March). As of Apr. 30, 2022, the company held 9,618 bitcoins produced from operations. As of April month end, Core Scientific operated its own fleet of 85K+ bitcoin miners, producing 8.9 EH/s. "We expanded both our self-mining and hosting businesses in the month of April, producing 1,121 bitcoins for our own account and operating 8.1 EH/s for our hosting customers.

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