Core Scientific recently added 900 more cryptocurrency mining machines on behalf of LM Funding America. This means that LM Funding will now operate 4,600 mining machines with a total mining capacity of 470 petahashes. The 900 new devices are expected to be online by the end of April. Core Scientific, who is one of the leading names in the crypto mining industry, currently has over 213,000 miners with a total capacity of 22.3 exahashes. These additional 900 devices will account for about 1.8% of Core Scientific's hashpower and device count. However, Core Scientific is currently facing financial constraints, having filed for bankruptcy with over a billion worth of liabilities back in December 2022. Despite the financial troubles, the company is still in operation.
Oliver Martinez
- 2023-04-12
Core Scientific Increases Mining Capacity with 900 Addition
Core Scientific, one of the leading names in the crypto mining industry, recently added 900 cryptocurrency mining machines on behalf of LM Funding America. This addition will increase the total mining capacity to 470 petahashe.
