Core Scientific And LM Funding Scale Up With 900 New Mining Machines
According to a press release from LM Funding America on April 12, Core Scientific, a company specializing in blockchain infrastructure and cryptocurrency mining, is set to add 900 new mining machines for LM Funding America. With the new mining machines, LM Funding America will have a total of 4,600 mining machines and will see its mining capacity increase to 470 petahashes. While LM Funding America did not state where its other mining machines are located.
According to Core Scientific’s February 2023 production and operations updates, the company operated around 213,000 mining machines, with a total mining capacity of 22.3 exahashes (or 22,300 petahashes). This figure includes both Core Scientific’s own mining machines and colocated devices operated on behalf of other companies. Despite being a major player in the cryptocurrency mining industry, Core Scientific has experienced financial difficulties, having filed for bankruptcy with at least $1 billion in liabilities in December 2022. However, the company continues to operate despite these challenges.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
