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Core Scientific Announces March 2025 Production and Operations Updates

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Core Scientific (NASDAQ: CORZ) has released its March 2025 production and operations update, highlighting significant mining achievements. The company self-mined 247 Bitcoin in March, bringing the year-to-date total to 718 Bitcoin, while maintaining an average daily production rate of 8.0 Bitcoin.

The company's operational metrics show a total energized hash rate of 19.1 EH/s, with self-mining accounting for 18.1 EH/s through approximately 156,000 owned bitcoin miners. The hosting services segment operates about 7,000 customer-owned miners, which earned an estimated 17 Bitcoin in March.

Core Scientific demonstrated its grid support capabilities by reducing power consumption at its data centers, contributing 35,295 megawatt hours to local electrical grids. The company maintains an efficient operation with an average self-mining fleet efficiency of 24.3 J/TH.

Core Scientific (NASDAQ: CORZ) ha pubblicato il suo aggiornamento sulla produzione e le operazioni di marzo 2025, evidenziando risultati significativi nell'estrazione mineraria. L'azienda ha estratto 247 Bitcoin autonomamente a marzo, portando il totale dall'inizio dell'anno a 718 Bitcoin, mantenendo un tasso medio di produzione giornaliera di 8,0 Bitcoin.

I metriche operative dell'azienda mostrano un hash rate totale energizzato di 19,1 EH/s, con l'auto-estrazione che rappresenta 18,1 EH/s attraverso circa 156.000 miner di Bitcoin di proprietà. Il segmento dei servizi di hosting gestisce circa 7.000 miner di proprietà dei clienti, che hanno guadagnato un stimato di 17 Bitcoin a marzo.

Core Scientific ha dimostrato le sue capacità di supporto alla rete riducendo il consumo energetico nei suoi data center, contribuendo con 35.295 megawattora alle reti elettriche locali. L'azienda mantiene un'operazione efficiente con un'efficienza media della flotta di auto-estrazione di 24,3 J/TH.

Core Scientific (NASDAQ: CORZ) ha lanzado su actualización de producción y operaciones de marzo de 2025, destacando logros significativos en la minería. La empresa extrajo 247 Bitcoin de forma autónoma en marzo, llevando el total acumulado del año a 718 Bitcoin, mientras mantiene una tasa de producción diaria promedio de 8,0 Bitcoin.

Las métricas operativas de la empresa muestran un hash rate total energizado de 19,1 EH/s, con la auto-minería representando 18,1 EH/s a través de aproximadamente 156,000 mineros de Bitcoin de propiedad. El segmento de servicios de alojamiento opera alrededor de 7,000 mineros de propiedad de clientes, que ganaron un estimado de 17 Bitcoin en marzo.

Core Scientific demostró sus capacidades de soporte a la red al reducir el consumo de energía en sus centros de datos, contribuyendo con 35,295 megavatios hora a las redes eléctricas locales. La empresa mantiene una operación eficiente con una eficiencia promedio de flota de auto-minería de 24,3 J/TH.

코어 사이언티픽 (NASDAQ: CORZ)는 2025년 3월 생산 및 운영 업데이트를 발표하며 주요 채굴 성과를 강조했습니다. 이 회사는 3월에 247 비트코인을 자가 채굴했습니다, 올해 현재까지 총 718 비트코인을 기록했으며, 평균 일일 생산 속도는 8.0 비트코인입니다.

회사의 운영 메트릭은 총 에너지 해시율이 19.1 EH/s임을 보여주며, 자가 채굴은 약 156,000개의 비트코인 채굴기를 통해 18.1 EH/s를 차지합니다. 호스팅 서비스 부문은 약 7,000개의 고객 소유 채굴기를 운영하며, 3월에 약 17 비트코인을 벌었습니다.

코어 사이언티픽은 데이터 센터에서 전력 소비를 줄여 그리드 지원 능력을 입증하며, 지역 전력망에 35,295 메가와트시를 기여했습니다. 이 회사는 평균 자가 채굴 함대 효율성이 24.3 J/TH인 효율적인 운영을 유지하고 있습니다.

Core Scientific (NASDAQ: CORZ) a publié sa mise à jour sur la production et les opérations de mars 2025, mettant en avant des réalisations significatives dans l'exploitation minière. L'entreprise a auto-extrait 247 Bitcoin en mars, portant le total depuis le début de l'année à 718 Bitcoin, tout en maintenant un taux de production quotidien moyen de 8,0 Bitcoin.

Les indicateurs opérationnels de l'entreprise montrent un taux de hachage total énergisé de 19,1 EH/s, avec l'auto-extraction représentant 18,1 EH/s grâce à environ 156 000 mineurs de Bitcoin détenus. Le segment des services d'hébergement exploite environ 7 000 mineurs appartenant à des clients, qui ont gagné environ 17 Bitcoin en mars.

Core Scientific a démontré ses capacités de soutien au réseau en réduisant la consommation d'énergie dans ses centres de données, contribuant avec 35 295 mégawattheures aux réseaux électriques locaux. L'entreprise maintient une opération efficace avec une efficacité moyenne de sa flotte d'auto-extraction de 24,3 J/TH.

Core Scientific (NASDAQ: CORZ) hat sein Produktions- und Betriebsupdate für März 2025 veröffentlicht und bedeutende Erfolge im Mining hervorgehoben. Das Unternehmen hat im März 247 Bitcoin selbst geschürft, was die Gesamtzahl für das Jahr auf 718 Bitcoin anhebt, während es eine durchschnittliche tägliche Produktionsrate von 8,0 Bitcoin aufrechterhält.

Die betrieblichen Kennzahlen des Unternehmens zeigen eine gesamt energisierte Hash-Rate von 19,1 EH/s, wobei das Selbst-Mining 18,1 EH/s über etwa 156.000 eigene Bitcoin-Miner ausmacht. Der Hosting-Service-Sektor betreibt etwa 7.000 miner von Kunden, die im März schätzungsweise 17 Bitcoin verdient haben.

Core Scientific hat seine Fähigkeiten zur Unterstützung des Stromnetzes unter Beweis gestellt, indem es den Stromverbrauch in seinen Rechenzentren reduziert hat, was zu 35.295 Megawattstunden für lokale Stromnetze beigetragen hat. Das Unternehmen hält einen effizienten Betrieb mit einer durchschnittlichen Effizienz der Selbst-Mining-Flotte von 24,3 J/TH aufrecht.

Positive
  • Self-mined Bitcoin increased from 215 in February to 247 in March 2025
  • Average daily Bitcoin production improved from 7.7 to 8.0
  • Strong operational scale with 163,000 total bitcoin miners
  • 96% of mining capacity is company-owned, reducing reliance on hosting revenue
Negative
  • Slight decrease in total energized hash rate from 19.4 to 19.1 EH/s
  • Self-mining energized hash rate declined from 18.4 to 18.1 EH/s
  • hosting revenue with only 4% of miners being customer-owned

Insights

Core Scientific's March operational update demonstrates solid production growth, with 247 self-mined Bitcoin representing a 14.9% increase from February's 215 Bitcoin. This production improvement is particularly meaningful as it occurred despite a slight decrease in energized hash rate from 18.4 EH/s to 18.1 EH/s.

The company achieved higher operational efficiency, evident in the increase of average daily Bitcoin production to 8.0 from 7.7 and the improvement in fleet efficiency to 24.3 J/TH from 24.4 J/TH. These metrics suggest effective optimization of existing mining infrastructure.

Core Scientific's business model remains predominantly self-mining, with company-owned miners constituting 96% of devices operating in their data centers. The hosting service remains a minor segment, accounting for approximately 4% of miners and generating an estimated 17 Bitcoin in March.

The company's grid support contribution of 35,295 megawatt hours demonstrates operational flexibility and potential for additional revenue streams through power management. This capability positions Core Scientific advantageously in regions where grid stability commands premium payments.

Year-to-date, Core Scientific has mined 718 Bitcoin, establishing a production run rate that indicates consistent operational execution in its primary revenue-generating activity.

Earned 247 Self-Mined Bitcoin for a Total of 718 Bitcoin Year-to-Date and Our Customers Earned an Estimated 17 Bitcoin at Our Data Centers in March

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 March 2025.

Key Metrics Summary (unaudited)

Metric

March 2025

February 2025

Self-Mining Bitcoin Earned1

247

215

Hosting Bitcoin Earned by Customers2

17

16

Average Self-Mined Bitcoin Earned/Day

8.0

7.7

Self-Mining Energized Hash rate3

18.1

18.4

Hosting Energized Hash rate4

1.0

1.0

Total Energized Hash rate

19.1

19.4

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

24.3

24.4

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 163,000 bitcoin miners in our data centers for both self-mining and hosting, representing a total energized hash rate of 19.1 EH/s.

Digital Asset Self-Mining

Core Scientific earned 247 bitcoin in March from its owned fleet of miners. As of month end, the Company operated approximately 156,000 owned bitcoin miners, representing approximately 96% of the bitcoin miners operating in its data centers and a total energized hash rate of 18.1 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 March 31, 2025. Customer-owned bitcoin miners earned an estimated 17 bitcoin in March.

Grid Support

The Company reduced the consumption of power at its data centers on multiple occasions, delivering 35,295 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) self-mine in March 2025?

Core Scientific self-mined 247 Bitcoin in March 2025, averaging 8.0 Bitcoin per day.

What is Core Scientific's (CORZ) total energized hash rate as of March 2025?

Core Scientific's total energized hash rate was 19.1 EH/s, combining both self-mining and hosting operations.

How many bitcoin miners does Core Scientific (CORZ) operate in its data centers?

Core Scientific operates approximately 163,000 bitcoin miners, with 156,000 owned miners and 7,000 hosted customer-owned miners.

How much energy did Core Scientific (CORZ) contribute to local electrical grids in March 2025?

Core Scientific delivered 35,295 megawatt hours to local electrical grids through power consumption reduction at its data centers.
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