6,595 Bitcoin Mined by Core Scientific in 2024

Core Scientific Mines 6,595 Bitcoin in 2024: A Major Milestone in Crypto Mining

In 2024, Core Scientific, a leader in the bitcoin mining industry, made significant strides with a remarkable total output of 6,595 BTC. This achievement highlights the company’s ongoing growth and success in the competitive world of cryptocurrency mining. Of this total, 974 BTC were mined during the fourth quarter, further emphasizing the company’s continued success.

Impressive Mining Output and Fleet Expansion

Core Scientific’s December 2024 unaudited production and operations updates revealed that the company mined 291 BTC in December alone. The company’s mining operations are supported by a massive fleet of over 164,000 bitcoin miners, accounting for approximately 96% of the miners running within its data centers. This helped the company maintain a total energized hash rate of 19.1 EH/s by the end of the year.

Data Center Hosting and Customer Support

In addition to its self-mining operations, Core Scientific provides data center hosting, technology, and operational support for around 7,000 customer-owned bitcoin miners. These customer miners contributed to an additional 18 BTC earned in December. With a combined total of 171,000 miners running in its data centers, the company’s operations reached an impressive total energized hash rate of 20.1 EH/s by the end of 2024.

Uncertainty Around Bitcoin Holdings

While Core Scientific has proudly disclosed its mining output for 2024, it has yet to reveal details about its bitcoin holdings. The company’s current holdings could shed light on its ranking among publicly traded companies that own bitcoin, making this a point of interest for the cryptocurrency community.

As Core Scientific continues to expand its operations and infrastructure, its future prospects in the bitcoin mining space remain highly promising.