Core Scientific boosted Bitcoin production by 10% in July amid Texas power outages
The mining company reported that it "completely halted operations at its Texas data center on several occasions" in July to support the operator of the state power grid.
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Crypto-mining company Core Scientific reported that its operations produced 1,221 bitcoin (BTC) in July, even as the company shut down multiple times in response to demand on the Texas power grid .
In an announcement on Friday, Core Scientific said its month-over-month bitcoin production rose from 1,106 in June to 1,221 in July, or about 10.4%. The company reported reduced operations "due to extreme temperatures in multiple data centers," but also increased its self-mining servers and hashrate by 6% to 109,000 and 10. 9 exahashes per second (EH/s), respectively.
HIGHLIGHTS OF JULY 2022:-1,221 #Bitcoin self-mined-10.9 EH/s self-mined-+190,000 ASIC servers running-8.4 EH/s colocation (hosting) - Deploying first XP BITMAIN ANTMINER S19 in UShttps://t.co/Qt2Vke84yz
— Core Scientific (@Core_Scientific) August 5, 2022According to Core Scientific, the company "completely shut down operations at its Texas data center multiple times" in July to support the Electric Reliability Council of Texas, or ERCOT, which controls the state's power grid . The company announced that it has reduced its electricity demand by 8,157 megawatt hours (MWh).
Residents in many parts of Texas experienced consecutive days of temperatures above 100 degrees Fahrenheit in July as ERCOT predicted electricity demand could...
The mining company reported that it "completely halted operations at its Texas data center on several occasions" in July to support the operator of the state power grid.
New
Crypto-mining company Core Scientific reported that its operations produced 1,221 bitcoin (BTC) in July, even as the company shut down multiple times in response to demand on the Texas power grid .
In an announcement on Friday, Core Scientific said its month-over-month bitcoin production rose from 1,106 in June to 1,221 in July, or about 10.4%. The company reported reduced operations "due to extreme temperatures in multiple data centers," but also increased its self-mining servers and hashrate by 6% to 109,000 and 10. 9 exahashes per second (EH/s), respectively.
HIGHLIGHTS OF JULY 2022:-1,221 #Bitcoin self-mined-10.9 EH/s self-mined-+190,000 ASIC servers running-8.4 EH/s colocation (hosting) - Deploying first XP BITMAIN ANTMINER S19 in UShttps://t.co/Qt2Vke84yz
— Core Scientific (@Core_Scientific) August 5, 2022According to Core Scientific, the company "completely shut down operations at its Texas data center multiple times" in July to support the Electric Reliability Council of Texas, or ERCOT, which controls the state's power grid . The company announced that it has reduced its electricity demand by 8,157 megawatt hours (MWh).
Residents in many parts of Texas experienced consecutive days of temperatures above 100 degrees Fahrenheit in July as ERCOT predicted electricity demand could...
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