Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining industry’s improvements in sustainable energy use during the first […]
Core Scientific Begins Reporting Daily Bitcoin Mining Production
Core Scientific (CORZ), the world’s largest publicly traded bitcoin mining company, has begun reporting daily production figures on its website in a move to improve transparency for its shareholders and other stakeholders. The figure is “one of the most important performance measures in our industry,” CEO Mike Levitt said in a press release. Core Scientific is the first […]
Core Scientific Begins Reporting Daily Bitcoin Production
Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or “the Company”), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced it has begun daily reporting of self-mined Bitcoin production on its corporate website, corescientific.com, updated at 12:00pm EST every morning. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220418005241/en/ Core Scientific now […]
Bitcoin 2022 Recap, GA Day 2. Morning: Booth, Pysh, Carter, Feinstein, van Wirdum & More
Bitcoin 2022 * A Storm Is Coming “Bitcoin Macroeconomic Landscape” with Jeff Booth, Dr. Jeff Ross, Mark Moss, Preston Pysh, and Trey Lockerbie as a host. Host Trey Lockerbie qualified this panel’s guests as “the biggest heavyweights in the bitcoin space,” and he’s not exaggerating. Dr. Jeff Ross kicked the festivities off by declaring, “bitcoin truly […]
Miami | You Are The Carbon They Want To Reduce – Bitcoin 2022 Conference
You Are The Carbon They Want To Reduce – Bitcoin 2022 Conference Powered by Marathon Digital Holdings. With Nic Carter, Darin Feinstein, Stephen Barbour, Amanda Fabian
Core Scientific’s Marble, NC Data Center
Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or “the Company”), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced production and operations updates for March 2022. Core Scientific, Inc. (CORZ) (“Core Scientific” or “the Company”), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced production and operations updates […]
Core Scientific Announces March Updates and CFO Transition
Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or “the Company”), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced production and operations updates for March 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220405005567/en/ Core Scientific’s Marble, NC Data Center (Photo: Business Wire) “In March we self-mined 1,143 bitcoins, […]
YOU ARE THE CARBON THEY WANT TO REDUCE
Bitcoin 2022 featured conversations highlighting how Bitcoin’s energy criticism is an attack on progress in the energy industry. In recent years, calls for the reduction of “carbon emissions” has led to increasing attention on the energy usage of Bitcoin. With environmental, social and governance (ESG) ideals leaking into every industry, and the Bitcoin industry specifically […]
Core Scientific strikes digital gold: Revenue up 800%, gross profit up 2500%
The firm highlighted growth in hash rate, mining equipment sales, hosting revenue, digital asset mining income as key reasons for the improved performance. U.S. Bitcoin mining firm Core Scientific has posted bullish 2021 fiscal year results compared to the year prior, with its revenue increasing by 803% to $544.5 million and gross profit growing 2,443% […]
Core Scientific Announces Full Fiscal Year 2021 Results
AUSTIN, Texas, March 29, 2022–(BUSINESS WIRE)–Core Scientific, Inc. (NASDAQ: CORZ), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, reported its consolidated financial results for the fiscal year ended December 31, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220329005911/en/ Fiscal Year 2021 Financial Highlights (Compared to Fiscal Year 2020) […]