CandleFocus 7th Bitcoin Miner from Wall Street Reports a Drop in BTC Production in November
2024-12-05
Author: Content Editor
Core Scientific, a publicly listed Bitcoin miner, saw a decline in BTC production for November, in line with the industry trend. The company mined 314 Bitcoin, a 14.9% decrease from October's 369 Bitcoin. Despite the decline, they still earned around 25% more than in October. Other Wall Street-listed miners also reported lower production. Core Scientific plans to expand its operations in Texas, aiming to add 300 MW of critical IT load across existing facilities. The company's total energized hash rate was 20.3 EH/s by the end of November, with self-mining operations accounting for 96% of its mining capacity.
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