6,595 Bitcoin Mined by Core Scientific in 2024
The growth of Core Scientific’s mining operations in 2024 resulted in the company achieving a total output of 6,595 BTC.
Significant BTC Mining Output for Core Scientific
Core Scientific, a bitcoin mining company announced its total mining output of 6,595 BTC for the entire 2024 with 974 BTC mined in Q4 2024. This was outlined in its unaudited production and operations updates for Dec. 2024.
The company earned 291 BTC in Dec. 2024 from its owned fleet of miners. With a total energized hash rate of 19.1 EH/s, the company controlled over 164,000 bitcoin miners as of the end of December, which accounted for about 96% of the miners running in its data centers.
Core Scientific also offered data center hosting services, technology, and operating support to about 7,000 hosted, customer-owned bitcoin miners in addition to its fleet of self-mining miners. This accounted for about 4% of all bitcoin miners using the company’s data centers. An estimated 18 BTC were earned by customer-owned bitcoin miners in December.
As of the end of 2024, the company recorded about 171,000 bitcoin miners running in its data centers for hosting and self-mining, amounting to a total energized hash rate of 20.1 EH/s.
Although the company disclosed its mining output for the year, no mention was made of its current bitcoin holdings which could give an idea of where Core Scientific ranks in the list of publicly traded companies who hold bitcoin. #Write2Earn