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Core Scientific began to publish data on the daily volume of bitcoins mined


The American blockchain hosting provider Core Scientific has begun reporting on the amount of mined cryptocurrency on a daily basis. The company explained the move as a desire to become more transparent to shareholders and other stakeholders.

“We believe that the daily bitcoin production rate is one of the most important performance metrics in our industry. Disclosure of daily production provides transparency to our shareholders and other stakeholders,” said CEO Mike Levitt.

The company reports daily output on its website. The data is updated daily at 19:00 Moscow time. During the current reporting period, the provider has generated 36.8 BTC (~$1.5 million).

In January 2022, Core Scientific became a public company through a reverse merger with SPAC. Its shares are traded on the Nasdaq stock exchange under the ticker CORZ. At the time of writing, the securities are trading near $7.4 — the quotes have lost almost 4% since the opening of the session.

Nasdaq CORZ hourly chart. Data: Trading View.

Recall that in April 2022, Tesla, Block and Blockstream announced that they would start mining bitcoin on solar energy. The parties plan to launch a public dashboard that will display project performance metrics in real time, including power output and total BTC mined.

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My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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