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News Explorer — Core Scientific CEO Shifts Mining Focus from Machine Counts to Efficiency

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Sep 19, 3:52 pm
Blockworks

Core Scientific CEO Shifts Mining Focus from Machine Counts to Efficiency

Core Scientific, one of the largest bitcoin miners in the US, is shifting its strategy to focus on efficiency rather than the number of mining machines. CEO Adam Sullivan stated that they are optimizing performance and efficiency at both the data center and individual miner level to increase profitability. The company previously prioritized maximizing the number of operational machines but is now seeking to optimize post-halving profitability.

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