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About SLOTH

Welcome to Sloth - the crypto that's all about making money without breaking a sweat! With Sloth, you can sit back, relax, and watch your investment grow steadily over time. No need to rush or stress - just let Sloth do the work for you while you enjoy the lazy life

Sloth (SLOTH) is a cryptocurrency launched in 2023. SLOTH has a current supply of 420,000,000.00Bn with 0 in circulation. The last known price of SLOTH is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://slothmeme.com.

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SLOTH Price Statistics
SLOTH’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#5044
SLOTH Market Cap
Market Cap
$0
Fully Diluted Market Cap
$19,302.04
SLOTH Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
SLOTH Supply
Circulating Supply
0
Total Supply
420,000,000.00Bn
Max Supply
420,000,000.00Bn
Updated Feb 17, 2024 9:21 am
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SLOTH
Sloth
$0
$0(+0.00%)
Mkt Cap $0
There's nothing here for now
Bitcoin Mining Leader Core Scientific Reports Improved Financial Performance in Q1 2024
Bitcoin Mining Leader Core Scientific Reports Improved Financial Performance in Q1 2024
According to CryptoPotato, Core Scientific, a leading company in Bitcoin mining, has reported a significant improvement in its financial performance for the first quarter of 2024. The company's net income was $210.7 million, a stark contrast to the net loss of $0.4 million reported for the same period in 2023. The total revenue for Q1 2024 surged to $179.3 million, up from $120.7 million recorded during the same period last year. The company's operating income also saw a substantial increase, reaching $55.2 million compared to $7.6 million in the previous year. The adjusted EBITDA soared to $88.0 million, reflecting an improvement from $40.3 million in the same period in 2023. Adam Sullivan, CEO of Core Scientific, attributed these positive results to the company's ability to navigate favorable market conditions and a focus on productivity and efficiency. He stated, 'We delivered outstanding results in the first quarter, earning more Bitcoin than any other publicly traded Bitcoin miner.' The financial results also show good performance across Core Scientific’s key revenue streams. Digital asset mining revenue surged to $150.0 million, driven by a 134% increase in the price of Bitcoin and a 20% increase in the self-mining hash rate. Hosting revenue also increased to $29.3 million, fueled by onboarding new digital asset mining clients. Sullivan mentioned that they’re actively considering repurposing over 500 megawatts of their operational infrastructure for high-performance computing, leveraging their access to 1.2 gigawatts of power. They also plan to increase their Bitcoin mining hash rate by introducing more energy-efficient miners while simultaneously developing a high-performance computing service. Sullivan emphasized that they’re well-positioned to tap into the opportunities presented by both markets. The company's success is attributed to several strategic initiatives undertaken during the quarter. Core Scientific retired $19 million in obligations shortly after the quarter’s end, strengthening its balance sheet and enhancing financial flexibility. The company also expanded its hosting offering by delivering 16 MW of infrastructure to high-performance compute customers ahead of schedule. The company completed the deployment of 28,400 new S19j XP miners and deployed the first shipment of approximately 2,500 S21 miners while also expanding its operational infrastructure by 21 MW at its Pecos, Texas, site. Sullivan stated that their 745 megawatts of operational, high-power data center infrastructure is key to their competitive edge. He emphasized that this advantage positions them uniquely, enabling them to leverage Bitcoin mining as a foundation for expanding into alternative compute hosting services.
May 11, 2024 7:14 pm

Frequently Asked Questions

  • What is the all-time high price of Sloth (SLOTH)?

    The all-time high of SLOTH was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Sloth (SLOTH) is 0. The current price of SLOTH is down 0% from its all-time high.

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  • How much Sloth (SLOTH) is there in circulation?

    As of , there is currently 0 SLOTH in circulation. SLOTH has a maximum supply of 420,000,000.00Bn.

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  • What is the market cap of Sloth (SLOTH)?

    The current market cap of SLOTH is 0. It is calculated by multiplying the current supply of SLOTH by its real-time market price of 0.

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  • What is the all-time low price of Sloth (SLOTH)?

    The all-time low of SLOTH was 0 , from which the coin is now up 0%. The all-time low price of Sloth (SLOTH) is 0. The current price of SLOTH is up 0% from its all-time low.

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  • Is Sloth (SLOTH) a good investment?

    Sloth (SLOTH) has a market capitalization of $0 and is ranked #5044 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Sloth (SLOTH) price trends and patterns to find the best time to purchase SLOTH.

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