Core Scientific Announces July Updates

October 23, 2022

Core Scientific is one of the largest publicly traded blockchain data center providers and miners of digital assets in North America. Core Scientific will continue to sell self-mined bitcoins to pay operating expenses, fund growth, retire debt and maintain liquidity. Core Scientific works with the communities and utility companies in which it operates to enable and ensure electrical grid stability. Month over month comparisons are based on the combined results of Core Scientific and its acquired entities and are unaudited. Core Scientific provides this and any future similar unaudited updates to provide shareholders with visibility into the Company’s results and progress toward previously announced capacity and operational projections.

The source of this news is from Core Scientific