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Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts

Coin Telegraph LogoCoin Telegraph1w ago

Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts

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The mining firm reported it "completely powered-down its Texas data center operations on several occasions” in July to support the state's power grid operator.

According to CEO Jason Les, the firm curtailed operations by 11,717 MWh.

The firm reported curtailing its power demands by 8,157 megawatt-hours (MWh).


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Article Details

Author / Journalist: Cointelegraph By Turner Wright

Category: Crypto

Topics: Texas Business Bitcoin mining Energy consumption

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-08-05, 22:32:19

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 2 minutes read

Article Length: 336 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 115958

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 23 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 12h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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