Bitcoin Miner Core Scientific Sold 1,975 BTC in July, More Than It Mined

Bitcoin miner Core Scientific released its July update, which produced 1,221 bitcoins in July, and the company expanded its self-mining server fleet by 6%, from approximately 103,000 to 109,000 units, and increased its The hash rate increased by 6% from 10.3 EH/s to 10.9 EH/s. As of the end of July, self-mining accounted for about 56% of the company's total computing power, and hosting services accounted for about 44% of the company's total computing power. The company sold 1,975 bitcoins in July at an average price of about $2.20 per bitcoin, for a total proceeds of about $44 million. The payment for Bitmain's order of 100,000 ASIC mining machines in 2021.