AUSTIN, Texas - Core Scientific, Inc. (OTC: CORZQ), a key player in blockchain computing data center operations, announced its production and operational highlights for December 2023, as well as cumulative data for the year. The company reported producing 1,177 bitcoins through self-mining and an estimated 449 bitcoins via colocation services in December. For the entire year of 2023, the figures reached a total of 13,762 self-mined bitcoins and an estimated 5,512 bitcoins from colocated operations.
Core Scientific operates approximately 209,000 bitcoin miners, both owned and colocated, across several states including Georgia, Kentucky, North Carolina, North Dakota, and Texas. As of December, the company's total energized hash rate stood at 23.2 EH/s.
The company's self-mining operations, which involve owned bitcoin miners, accounted for 76% of the total miners and produced the 1,177 bitcoins in December. The remaining 24% of the miners, which are customer-owned and part of Core Scientific's colocation services, contributed to the production of the estimated 449 bitcoins for the same month.
In addition to its mining activities, Core Scientific provided grid support by reducing power consumption at its data centers on several occasions in December, delivering 480 megawatt hours to local grid partners. Throughout 2023, the company contributed over 131,000 megawatt hours to support grid stability during periods of high demand.
The information in this article is based on a press release statement from Core Scientific, Inc.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.