Core Scientific Continues to Liquidate its Bitcoin Reserves

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Public mining company and blockchain hosting provider Core Scientific mined 1,213 BTC and sold 1,576 BTC last month, which means that the firm sold more BTC than it mined.

The company had 1,051 BTC in its reserves at the beginning of this month as well as about $29.5 million in fiat currency.

Remember that Core Scientific has closed its data centers in Texas several times over the course of the month due to extreme weather and electrical problems. The volume of electricity unclaimed from the network has amounted to 8,774 MWh.

The mining firm now has 130,000 devices with a total hashrate of 13 EH/s.