Core Scientific Announces Second Quarter 2022 Results
Core Scientific, Inc. (CORZ)
Company Research
Source: Business Wire
AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ), a leader in high-performance blockchain data centers and software solutions, reported its financial results for the second quarter ended June 30, 2022.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220811005705/en/Core Scientific's Marble, NC Data Center (Graphic: Business Wire)Second Quarter 2022 Financial Highlights (Compared to Second Quarter 2021)1Self-mining bitcoin production increased 1,769% to 3,365 bitcoins1,959 bitcoins held as of June 30, 2022Total hashrate of 17.9 EH/s consisting of 10.3 EH/s self-mining and 7.6 EH/s hostingYTD 2022 Financial Highlights (Compared to YTD 2021)1Self-mining bitcoin production increased 1,601% to 6,567 bitcoins“Our team remained focused on our business objectives, delivering second quarter revenue of $164.0 million, an increase of more than 115 percent over the prior year,” said Mike Levitt, Core Scientific Ch
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