Core Scientific Inc (CORZ): * CORE SCIENTIFIC ANNOUNCES SECOND QUARTER 2022 RESULTS. * Q2 REVENUE ROSE 118 PERCENT TO $164 MILLION. * Q2 NET LOSS PER SHARE DILUTED $2.65 Source text for Eikon: Further company coverage:
Core Scientific, Inc. (CORZ), a leader in high-performance blockchain data centers and software solutions, reported its financial results for the second quarter ended June 30, 2022. This press release features multimedia.
Core Scientific, Inc. provides net carbon-neutral blockchain infrastructure and digital asset mining solutions in North America. It operates in two segments, Equipment Sales and Hosting. It offers blockchain hosting services with deployment and…
Core Scientific, Inc. provides net carbon-neutral blockchain infrastructure and digital asset mining solutions in North America. It operates in two segments, Equipment Sales and Hosting. It offers blockchain hosting services with deployment and provide power, racks, proprietary thermodynamic management, redundant connectivity, and 24/7 security, as well as its proprietary software platforms, such as Minder and MinderOS, which provides infrastructure management and custom firmware; and digital asset mining operation focuses on the generation of digital assets by solving complex cryptographic algorithms to validate transactions on specific digital asset network blockchains. The company also offers blockchain infrastructure and third-party hosting services through the sale of consumption-based contracts for its hosting services, as well as equipment sales to customers; and operates data centers in Georgia, Kentucky, North Carolina, North Dakota, and Texas. In addition, it provides hosting services to digital asset mining customers; deployment, monitoring, troubleshooting, optimization, and maintenance services for its customer's digital asset mining equipment; and electrical power and repair, and other infrastructure services to operate, maintain, and mine digital assets. The company is headquartered in Austin, Texas.
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