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What’s Going On With Bitcoin Mining Stock Core Scientific? – Core Scientific (NASDAQ:CORZ)

Core Scientific Inc CORZ on Thursday released a production and operations update for August.

What Happened: Core Scientific said it self-mined 358 Bitcoin BTC/USD in August, down from 411 bitcoin mined in July. The company has now earned a total of 5,275 self-mined bitcoin year-to-date.

“Our team has been very busy preparing some of our sites for modification to support our HPC hosting contracts and optimizing operations at our bitcoin mining sites,” said Adam Sullivan, CEO of Core Scientific.

“We have removed bitcoin mining infrastructure from two of our existing facilities in preparation for selective interior demolition and have redeployed the miners removed from those…

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