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Core Scientific Announces February 2025 Production and Operations Updates

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Core Scientific (NASDAQ: CORZ) has released its unaudited production and operations updates for February 2025. The company, a leader in digital infrastructure for high-performance computing and bitcoin mining, reported mining 215 self-mined Bitcoin in February, bringing the year-to-date total to 471 Bitcoin.

The company operated approximately 166,000 bitcoin miners across its data centers, achieving a total energized hash rate of 19.4 EH/s. Of these, about 159,000 were company-owned miners (96%) generating 18.4 EH/s, while the remaining 7,000 (4%) were customer-hosted miners that produced an estimated 16 Bitcoin in February.

Core Scientific demonstrated its grid support capabilities by reducing power consumption at its data centers multiple times, contributing 50,373 megawatt hours to local electrical grids.

Core Scientific (NASDAQ: CORZ) ha pubblicato i suoi aggiornamenti non verificati sulla produzione e le operazioni per febbraio 2025. L'azienda, leader nell'infrastruttura digitale per il calcolo ad alte prestazioni e il mining di bitcoin, ha riportato di aver estratto 215 bitcoin auto-prodotto a febbraio, portando il totale dall'inizio dell'anno a 471 bitcoin.

L'azienda ha operato circa 166.000 miner di bitcoin nei suoi data center, raggiungendo un tasso di hash totale energizzato di 19,4 EH/s. Di questi, circa 159.000 erano miner di proprietà dell'azienda (96%) che generavano 18,4 EH/s, mentre i restanti 7.000 (4%) erano miner ospitati da clienti che hanno prodotto un stimato di 16 bitcoin a febbraio.

Core Scientific ha dimostrato le sue capacità di supporto alla rete riducendo il consumo energetico nei suoi data center più volte, contribuendo con 50.373 megawattora alle reti elettriche locali.

Core Scientific (NASDAQ: CORZ) ha publicado sus actualizaciones no auditadas de producción y operaciones para febrero de 2025. La empresa, líder en infraestructura digital para computación de alto rendimiento y minería de bitcoin, reportó haber minado 215 bitcoin auto-minados en febrero, llevando el total acumulado del año a 471 bitcoin.

La empresa operó aproximadamente 166,000 mineros de bitcoin en sus centros de datos, logrando una tasa de hash total energizada de 19.4 EH/s. De estos, alrededor de 159,000 eran mineros de propiedad de la empresa (96%) que generaban 18.4 EH/s, mientras que los restantes 7,000 (4%) eran mineros alojados por clientes que produjeron un estimado de 16 bitcoin en febrero.

Core Scientific demostró sus capacidades de soporte a la red al reducir el consumo de energía en sus centros de datos en múltiples ocasiones, contribuyendo con 50,373 megavatios hora a las redes eléctricas locales.

코어 사이언티픽 (NASDAQ: CORZ)는 2025년 2월의 감사되지 않은 생산 및 운영 업데이트를 발표했습니다. 고성능 컴퓨팅 및 비트코인 ​​채굴을 위한 디지털 인프라의 선두주자인 이 회사는 2월에 215개의 자가 채굴 비트코인을 채굴하여 연초 누적 총량을 471 비트코인으로 증가시켰습니다.

회사는 데이터 센터에서 약 166,000개의 비트코인 채굴기를 운영하며 총 에너지화 해시율 19.4 EH/s를 달성했습니다. 이 중 약 159,000개는 회사 소유의 채굴기(96%)로 18.4 EH/s를 생성했으며, 나머지 7,000개(4%)는 고객이 호스팅한 채굴기로 2월에 약 16개의 비트코인을 생산했습니다.

코어 사이언티픽은 데이터 센터에서 여러 차례 전력 소비를 줄여 전력망 지원 능력을 입증하며, 지역 전력망에 50,373 메가와트시를 기여했습니다.

Core Scientific (NASDAQ: CORZ) a publié ses mises à jour non vérifiées sur la production et les opérations pour février 2025. L'entreprise, leader dans l'infrastructure numérique pour le calcul haute performance et le minage de bitcoin, a rapporté avoir miné 215 bitcoins auto-minés en février, portant le total depuis le début de l'année à 471 bitcoins.

L'entreprise a opéré environ 166 000 mineurs de bitcoin dans ses centres de données, atteignant un taux de hachage total énergisé de 19,4 EH/s. Parmi ceux-ci, environ 159 000 étaient des mineurs appartenant à l'entreprise (96 %) produisant 18,4 EH/s, tandis que les 7 000 restants (4 %) étaient des mineurs hébergés par des clients qui ont produit environ 16 bitcoins en février.

Core Scientific a démontré ses capacités de soutien au réseau en réduisant la consommation d'énergie dans ses centres de données à plusieurs reprises, contribuant 50 373 mégawattheures aux réseaux électriques locaux.

Core Scientific (NASDAQ: CORZ) hat seine ungeprüften Produktions- und Betriebsupdates für Februar 2025 veröffentlicht. Das Unternehmen, ein führender Anbieter von digitaler Infrastruktur für Hochleistungsrechnen und Bitcoin-Mining, berichtete, dass es im Februar 215 selbst geschürfte Bitcoins generiert hat, was die Gesamtzahl für das Jahr auf 471 Bitcoins erhöht.

Das Unternehmen betrieb ungefähr 166.000 Bitcoin-Miner in seinen Rechenzentren und erreichte eine insgesamt energisierte Hashrate von 19,4 EH/s. Davon waren etwa 159.000 Miner im Eigentum des Unternehmens (96%), die 18,4 EH/s erzeugten, während die verbleibenden 7.000 (4%) von Kunden gehostete Miner waren, die im Februar schätzungsweise 16 Bitcoins produzierten.

Core Scientific demonstrierte seine Fähigkeiten zur Unterstützung des Stromnetzes, indem es den Energieverbrauch in seinen Rechenzentren mehrfach reduzierte und 50.373 Megawattstunden zu den lokalen Stromnetzen beitrug.

Positive
  • Self-mined 215 Bitcoin in February (471 YTD)
  • Large-scale operation with 166,000 miners and 19.4 EH/s hash rate
  • 96% of miners are company-owned, indicating strong asset control
  • Contributing to grid stability with 50,373 MWh power reduction
Negative
  • Hosted miners generated only 16 Bitcoin, showing hosting revenue
  • Hosting services declining to just 4% of total operations

Earned 215 Self-Mined Bitcoin for a Total of 471 Bitcoin Year-to-Date and Our Customers Earned an Estimated 16 Bitcoin at Our Data Centers in February

AUSTIN, Texas--(BUSINESS WIRE)-- Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for high-performance computing and bitcoin mining, today released unaudited production and operations updates for February 2025.

Key Metrics Summary (unaudited)

Metric

February 2025

January 2025

Self-Mining Bitcoin Earned1

215

256

Hosting Bitcoin Earned by Customers2

16

17

Average Self-Mined Bitcoin Earned/Day

7.7

8.3

Self-Mining Energized Hash rate3

18.4

18.5

Hosting Energized Hash rate4

1.0

1.0

Total Energized Hash rate

19.4

19.5

Average Self-Mining Fleet Efficiency (J/TH)5

24.4

24.5

___________

1 Self-Mining Bitcoin Earned represents bitcoin rewards earned by bitcoin miners owned and operated by Core Scientific

2 Hosting Bitcoin Earned represents estimated bitcoin rewards earned by customer-owned miners installed and operated by Core Scientific in our data centers, including bitcoin rewards earned by customers and paid to the Company pursuant to proceeds sharing agreements

3 Self-Mining Energized Hash Rate represents the total rated capacity of all Company-owned bitcoin miners installed and operating in Core Scientific’s data centers. Includes previous generation miners removed to accommodate new miners and then re-deployed opportunistically to exploit favorable mining economics

4 Hosting Energized Hash Rate represents the total rated capacity of all hosted bitcoin miners owned by customers, installed and operated by Core Scientific in our data centers

5 Average Self-Mining Fleet Efficiency (J/TH) represents the weighted average power consumption in Joules per terahash based on the actual efficiency of each model of miner operating in Core Scientific’s owned self-mining fleet˙

Data Centers

As of month-end, the Company operated approximately 166,000 bitcoin miners in our data centers for both self-mining and hosting, representing a total energized hash rate of 19.4 EH/s.

Digital Asset Self-Mining

Core Scientific earned 215 bitcoin in February from its owned fleet of miners. As of month end, the Company operated approximately 159,000 owned bitcoin miners, representing approximately 96% of the bitcoin miners operating in its data centers and a total energized hash rate of 18.4 EH/s.

Hosting Services for Bitcoin Mining

In addition to its self-mining fleet, Core Scientific provided data center hosting services, technology and operating support for approximately 7,000 hosted, customer-owned bitcoin miners, representing approximately 4% of the bitcoin miners operating in the Company’s data centers as of February 28, 2025. Customer-owned bitcoin miners earned an estimated 16 bitcoin in February.

Grid Support

The Company reduced the consumption of power at its data centers on multiple occasions, delivering 50,373 megawatt hours to local electrical grids.

ABOUT CORE SCIENTIFIC

Core Scientific is a leader in digital infrastructure for high-performance computing. The company operates dedicated, purpose-built facilities and is a premier provider of digital infrastructure, software solutions and services to our third-party customers. We employ our own large fleet of computers (“miners”) to earn digital assets for our own account and to provide hosting services for large bitcoin mining customers and we are in the process of allocating and converting a significant portion of our nine operational data centers in Alabama (1), Georgia (2), Kentucky (1), North Carolina (1), North Dakota (1) and Texas (3), and our facility in development in Oklahoma to support artificial intelligence-related workloads under a series of contracts that entail the modification of certain of our data centers to deliver hosting services for high-performance computing (“HPC”). To learn more, visit www.corescientific.com.

FORWARD LOOKING STATEMENTS AND EXPLANATORY NOTES

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “aim,” “estimate,” “plan,” “project,” “forecast,” “opportunity,” “goal,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,” “potential,” “hope” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements include, but are not limited, statements regarding potential benefits of or expectations regarding the strategic relationship, agreements and contemplated transactions with CoreWeave, impacts on the Company’s revenue, financial and other operating results, completion and timing of certain events, impacts on the Company’s trading multiple and ability to deliver shareholder value, the Company’s intention and ability to capitalize on additional or related opportunities, and the Company’s plans, objectives, expectations and intentions. The Company’s actual results may differ materially from those anticipated in these forward-looking statements as a result of certain risks and other factors, which could include, but are not limited to, unanticipated difficulties or expenditures relating to the strategic relationship, agreements and contemplated transactions with CoreWeave; the possibility that the anticipated revenue, financial and other operational benefits of the strategic relationship, agreements and contemplated transactions and additional opportunities are not realized when expected or at all; disruptions of current plans and operations caused by the announcement and execution of the strategic relationship, agreements and contemplated transactions; diversion of management’s attention from ongoing business operations and opportunities; potential adverse reactions or changes to business, regulatory or employee relationships, including those resulting from the announcement or execution of the strategic relationship, agreements and contemplated transactions; unexpected risks or the materialization of risks that are greater than anticipated; unavailability of expected power or materially adverse changes in the terms associated with available power; occurrence of any event, change or other circumstance that could give rise to the termination of the contracts with CoreWeave; delays in required approvals; the availability of government incentives; and legal proceedings, judgments or settlements in connection with the strategic relationship, agreements and contemplated transactions, as well as other risk factors set forth in the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.

These statements are provided for illustrative purposes only and are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company’s management. These forward-looking statements are not intended to serve, and must not be relied on by any investor, as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company. These forward-looking statements are subject to a number of risks and uncertainties, including those identified in the Company’s reports filed with the Securities and Exchange Commission, and if any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Accordingly, undue reliance should not be placed upon the forward-looking statements. The Company does not assume any duty or obligation (and does not undertake) to update or supplement any forward-looking statements.

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Source: Core Scientific, Inc.

FAQ

How many Bitcoin did Core Scientific (CORZ) mine in February 2025?

Core Scientific self-mined 215 Bitcoin in February 2025, with a year-to-date total of 471 Bitcoin.

What is Core Scientific's (CORZ) current mining capacity as of February 2025?

Core Scientific operated 166,000 bitcoin miners with a total energized hash rate of 19.4 EH/s.

How much grid support did Core Scientific (CORZ) provide in February 2025?

Core Scientific delivered 50,373 megawatt hours to local electrical grids through power consumption reduction at its data centers.

What is the breakdown of Core Scientific's (CORZ) owned vs. hosted miners in February 2025?

Core Scientific operated 159,000 owned miners (96%) and hosted 7,000 customer-owned miners (4%) in its data centers.

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