Core Scientific Cuts Hashrate Outlook, Q1 Revenue Misses Estimates
Despite the news, shares of the miner were up in after-hours trading. Original Source
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Scientific
Decentralization is helping to shape the course of scientific research and business
New technologies may have rapid, dramatic effects on society, but they may also spread slowly and subtly. Blockchain-powered decentralized science (DeSci) is taking off after some years of gestation. Its impact is being felt not only in the rarified confines of high-tech labs but more broadly in the business world
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Core Scientific Begins Reporting Daily Bitcoin Mining Production in Bid to Improve Transparency
Earlier in April, a project by Block, Blockstream, and Tesla project revealed plans to publish real-time mining data. Original Source
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Can crypto improve scientific research? – Cointelegraph Magazine
An insider account of the DeSci origins story — a new movement of citizen scientists, open-access scientific research and crowd-sourced peer-review funded by crypto that’s gathering pace in 2022.#At ETHDenver in February, decentralized science became a thing. It was like the good old days of crypto: Like-minded spirits met
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Core Scientific Plans to Increase Hashrate to 42 EH/s by Year-End
The miner said demand for its hosting capacity remains strong and continues to exceed available supply. Original Source
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Bitcoin Miner Core Scientific Has More Than 100% Upside: BTIG
At about 7.5 EH, or roughly 3.8% of global hash capacity, Core already operates the most hash among its publicly traded peers, said Lewis. With another 7.5 EH scheduled to come online later this year, the company’s global market share could rise to 4%-5%. Core also has a diversified infrastructure
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Newly Public Core Scientific Leads Slump in Crypto Mining Stocks
The stocks of other publicly traded miners, which are highly leveraged to the price movements of the cryptocurrencies they mine, have also dropped. On Friday, shares of Hut 8 (HUT) fell about 12%, Hive (HIVE) dropped more than 9%, Riot Blockchain (RIOT) dipped 7%, and Marathon Digital (MARA) fell about
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Core Scientific Mined Over 1K Bitcoin in December, Nearly 6K in Total in 2021
Digital asset mining company Core Scientific mined a total of 1,044 bitcoin in December, taking its total for the year to 5,769.As of the end of the year, Core Scientific held 5,296 BTC (approximately $248 million at current prices), according to an announcement Wednesday.The total of 5,769 BTC in 2021
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Atlas Technology in Deal With Core Scientific to Expand US Mining Operations
Atlas Technology, which is expanding its North American crypto mining presence, signed a deal for Core Scientific to host more than 100 megawatts of bitcoin mining capacity, Atlas announced Monday.The deal comes as the Singapore-based crypto miner continues to bring more mining power into the U.S. and aims to build
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Core Scientific to Build New 300MW Blockchain Data Center in Texas
Core Scientific, the blockchain hosting and digital asset mining company, is building a new 300 megawatt blockchain data center in the city of Denton, Texas.The company is building the data center using “emissions-free power supplemented by renewable energy credits.”“When completed, the new Denton data center will increase the Company’s total
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