|Bid||0.1340 x 1000|
|Ask||0.1400 x 3100|
|Day's Range||0.1270 - 0.1372|
|52 Week Range||0.1200 - 13.6900|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 11, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.32|
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Things aren’t exactly improving for bitcoin miners. The companies that operate the computer equipment upon which the bitcoin network operates have been roiled over the past year by the crash in crypto markets. On Tuesday, Core Scientific reported it lost $435 million in the third quarter, compared with $16.6 million a year ago. For the first nine months of the year, it lost $1.7 billion, compared with $13.2 million a year ago. Third quarter revenue rose to $162.6 million from $113.1 million a ye
AUSTIN, Texas, November 07, 2022--Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or "the Company"), a leader in high-performance blockchain computing data centers and software solutions, today announced production and operational updates for October 2022.
Some mining companies’ expenses, especially their debt payments, have overwhelmed their revenue, forcing them to sell hardware to raise cash.