According to Wu Shuo, the crypto mining company Core Scientific mined more than US$175 million worth of Bitcoin (2,825 coins) on its own in the first quarter of 2024, achieving a net profit of US$210.7 million, compared with a net loss of approximately US$400,000 in the same period last year. The U.S. dollar has improved significantly. The company's total revenue was $179.3 million and adjusted EBITDA was $88 million.