Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
Cointelegraph
Published Aug 05, 2022 05:32PM ET
Updated Aug 05, 2022 07:20PM ET
Crypto mining firm Core Scientific reported its operations produced 1,221 Bitcoin (BTC) in July even as the company powered down several times in response to demand on the Texas power grid.
In a Friday announcement, Core Scientific said its month-over-month Bitcoin production had increased from 1,106 in June to 1,221 in July — roughly 10.4%. The firm reported curtailing operations “due to extreme temperatures at multiple data centers,” but also increased the number of its self-mining servers and hashrate by 6%, to 109,000 and 10.9 exahashes per second (EH/s), respectively.
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Written By: Cointelegraph
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