Core Scientific Releases July 2024 Production Updates: Earned 411 Bitcoin, Total Energized Hash Rate at 25.3 EH/s; Plans Integration of Block's New 3 Nanometer ASIC Chip Next Year; Participates in Foundry Donate Program to Support Bitcoin Network Developers.
Portfolio Pulse from Benzinga Newsdesk
Core Scientific released its July 2024 production updates, reporting the earning of 411 Bitcoin and a total energized hash rate of 25.3 EH/s. The company plans to integrate Block's new 3 nanometer ASIC chip next year and is participating in the Foundry Donate Program to support Bitcoin network developers.
August 05, 2024 | 12:14 pm
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Core Scientific earned 411 Bitcoin in July 2024 and reported a total energized hash rate of 25.3 EH/s. The company plans to integrate Block's new 3 nanometer ASIC chip next year and is participating in the Foundry Donate Program to support Bitcoin network developers.
The earning of 411 Bitcoin and a high hash rate of 25.3 EH/s are positive indicators of Core Scientific's operational efficiency and profitability. The planned integration of advanced 3 nanometer ASIC chips could further enhance performance, while participation in the Foundry Donate Program reflects corporate responsibility and support for the Bitcoin ecosystem.
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