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Core Scientific Sold Over 7K Bitcoins for About $167M in June, Sees More Sales

July 5, 2022
in Business
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Core Scientific Cites Crypto Market Turmoil in Lowering Its Growth Outlook
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Core Scientific’s operations produced 1,106 bitcoins in June, about 36.9 bitcoins a day, slightly higher than in May. Bitcoin production was helped by server deployments in June, but production advances were limited by a “substantial increase in curtailment activity,” Core said in its update. Daily production rose by about 14% during the month.

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