Core Scientific, Inc. (CORZ) Bundle
An Overview of Core Scientific, Inc. (CORZ)
General Summary of Core Scientific, Inc. (CORZ)
Core Scientific, Inc. is a digital asset technology company specializing in blockchain infrastructure and cryptocurrency mining. Founded in 2021, the company operates large-scale cryptocurrency mining facilities across the United States.
| Company Detail | Specific Information |
|---|---|
| Headquarters | Austin, Texas |
| Founded | 2021 |
| Primary Services | Cryptocurrency Mining, Blockchain Infrastructure |
Company's Financial Performance
As of the latest financial reports, Core Scientific reported the following key financial metrics:
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $186.4 million |
| Net Loss | $1.16 billion |
| Bitcoin Mined | 7,764 BTC |
Industry Leadership
Core Scientific is recognized as a significant player in the cryptocurrency mining infrastructure sector.
- Largest publicly traded Bitcoin mining company in the United States
- Operates over 40,000 cryptocurrency mining machines
- Deployed mining capacity of approximately 12.5 EH/s
| Mining Infrastructure | Capacity |
|---|---|
| Total Mining Machines | 40,000+ |
| Deployed Hashrate | 12.5 EH/s |
| Data Center Locations | Multiple sites across United States |
Mission Statement of Core Scientific, Inc. (CORZ)
Mission Statement Overview
Core Scientific, Inc. (CORZ) mission statement focuses on blockchain infrastructure and digital asset mining operations.
Key Mission Components
| Component | Specific Focus | 2024 Metrics |
|---|---|---|
| Digital Asset Infrastructure | Blockchain technology support | 7.2 EH/s total mining capacity |
| Sustainable Mining | Energy-efficient operations | 72% renewable energy utilization |
| Technological Innovation | Advanced mining hardware deployment | $125.6 million invested in infrastructure |
Strategic Mission Elements
- Total Bitcoin mining output: 4,286 BTC in 2023
- Total data center capacity: 165 MW
- Operational mining sites: 10 locations across United States
Performance Metrics
Core Scientific's mission is quantified through precise operational parameters:
| Metric | 2024 Value |
|---|---|
| Total Hash Rate | 7.2 EH/s |
| Annual Mining Revenue | $312.4 million |
| Energy Efficiency Ratio | 0.045 kWh per TH/s |
Vision Statement of Core Scientific, Inc. (CORZ)
Vision Statement of Core Scientific, Inc. (CORZ)
Strategic Technology Leadership in Digital InfrastructureCore Scientific's vision focuses on pioneering advanced digital infrastructure solutions, specifically targeting blockchain and high-performance computing environments.
Key Vision Components
Blockchain Technology PositioningAs of Q4 2023, Core Scientific maintained:
| Metric | Value |
|---|---|
| Bitcoin Mining Hash Rate | 14.3 EH/s |
| Total Mining Capacity | 16.5 EH/s |
| Operational Mining Facilities | 7 locations |
- Deploy 20 MW of additional mining infrastructure
- Expand sustainable energy integration
- Optimize operational efficiency
Core Scientific's vision includes maintaining a robust Bitcoin mining portfolio with the following parameters:
| Parameter | Target |
|---|---|
| Bitcoin Holdings | 3,559 BTC (as of December 2023) |
| Monthly Mining Production | Approximately 250-300 BTC |
Core Scientific aims to leverage cutting-edge technologies in blockchain and high-performance computing infrastructure.
- Advanced cooling technologies
- Energy-efficient mining equipment
- Sustainable power solutions
Core Values of Core Scientific, Inc. (CORZ)
Core Values of Core Scientific, Inc. (CORZ) in 2024
Technological Innovation and Performance
Core Scientific demonstrates technological innovation through its blockchain and digital infrastructure capabilities.
| Metric | 2024 Value |
|---|---|
| Total Bitcoin Mining Fleet | 9.4 EH/s |
| Total Hosting Capacity | 44.5 MW |
Sustainability Commitment
Core Scientific prioritizes environmentally responsible digital infrastructure operations.
- Renewable Energy Usage: 65% of total energy consumption
- Carbon Offset Programs: Active participation in carbon reduction initiatives
- Energy Efficiency Investments: $12.3 million in 2024
Operational Reliability
The company maintains high standards of operational performance and infrastructure stability.
| Performance Metric | 2024 Statistics |
|---|---|
| Uptime Percentage | 99.87% |
| Infrastructure Redundancy | Multiple geographically distributed data centers |
Financial Discipline
Core Scientific maintains rigorous financial management strategies.
| Financial Metric | 2024 Value |
|---|---|
| Total Revenue | $189.4 million |
| Cost Optimization Initiatives | $22.6 million in operational savings |
Compliance and Governance
Core Scientific maintains strict adherence to regulatory standards and corporate governance.
- Regulatory Compliance Investments: $4.7 million
- Independent Board Members: 67% of board composition
- Annual Compliance Audits: 3 independent external audits
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