Core Scientific's mining revenue in the second quarter was $62.4 million, a decrease of 43.6% year-on-year.

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[Chain News] PANews reported on August 9 that Nasdaq-listed Bitcoin mining company Core Scientific announced its financial performance report for the second quarter of the 2025 fiscal year, revealing that the mining revenue for the second quarter was $62.4 million, down from $110.7 million in the same period last year, mainly due to a 62% decrease in Bitcoin mining output; in addition, the company's digital asset custody mining revenue was $5.6 million, also down from $24.8 million in the same period last year, with a gross profit of $5 million, compared to $38.8 million in the same period last year. In response to market concerns about the opposition to selling to CoreWeave in the form of all-stock, Core Scientific stated that the transaction is still pending, requiring approval from the company's shareholders and customary closing conditions, including the approval of applicable regulatory authorities.

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LayerZeroEnjoyervip
· 08-09 16:04
Cliff-like plunge. Want to survive?
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GasBanditvip
· 08-09 15:45
Lost badly haha
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TokenToastervip
· 08-09 15:40
Another one in the crypto world has gone cold.
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