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Core Scientific Again Raises Bitcoin Mining Hosting Rates

Core Scientific Again Raises Bitcoin Mining Hosting Rates

Eliza Gkritsi is CoinDesk’s crypto mining reporter based in Asia. The world’s largest bitcoin miner, Core Scientific (CORZ), raised its rates for hosting other companies’ machines to just under 10 cents per kilowatt hour, two people familiar with the matter told CoinDesk. It’s the latest price hike for Core Scientific, which had previously raised its rates by 20%-25% in recent months because of soaring energy costs. With the price of bitcoin stubbornly hanging around in the $20,000 area, the boosted costs make it even more difficult for miners to break even. Hosting is a service that data centers provide to […]