Core Scientific Mined Over 1K Bitcoin in December, Nearly 6K in 2021

As of the end of the year, Core Scientific held 5,296 BTC worth roughly $248 million.

AccessTimeIconJan 5, 2022 at 3:13 p.m. UTC
Updated May 11, 2023 at 5:50 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Digital asset mining company Core Scientific mined a total of 1,044 bitcoin in December, taking its total for the year to 5,769.

  • As of the end of the year, Core Scientific held 5,296 BTC (approximately $248 million at current prices), according to an announcement Wednesday.
  • The total of 5,769 BTC mined in 2021 comfortably exceeds that of Bitfarms and Marathon Digital, which both made similar announcements Monday, having mined 3,452 BTC and 3,197 BTC, respectively. For December, Bitfarms mined 363 bitcoins, while Marathon mined 484.5.
  • Core Scientific operates around 67,000 ASICS mining machines, representing a hashrate of 6.6 EH/s.
  • Last July, the firm announced it would be going public via a merger worth $4.3 billion with special purpose acquisition company (SPAC) Power & Digital Infrastructure Acquisition.
  • Power & Digital shareholders will be asked to give their approval for the merger at a special meeting on Jan. 19.
  • What's the Biggest Misconception People Have About Bitcoin Mining?
    00:39
    What's the Biggest Misconception People Have About Bitcoin Mining?
  • What You Need to Know About the Bitcoin Halving
    01:47
    What You Need to Know About the Bitcoin Halving
  • Bitcoin Miner Bitfarms Warns of Default
    04:20
    Bitcoin Miner Bitfarms Warns of Default
  • How Bitcoin Mining Got 'Even More Competitive' In 2022: Analyst
    01:17
    How Bitcoin Mining Got 'Even More Competitive' In 2022: Analyst
  • Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Jamie Crawley

    Jamie Crawley is a CoinDesk news reporter based in London.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.



    Read more about