Core Scientific Flexes Hashpower: 21+ EH/s Capacity Solidifies North America Dominance

Bitcoin mining operations just got a reality check. Core Scientific wrapped up August with some serious hardware flex—deploying over 25,000 new ASIC servers and crossing the 21 EH/s threshold, cementing its position as the continent’s most powerful listed miner.

The Numbers Tell the Story

By month’s end, Core Scientific’s sprawling network hit 225,451 ASIC servers across all facilities, translating to a combined 21.54 EH/s of computing power. That’s not just impressive—it’s the largest operating hashrate among any publicly traded company operating in North America.

The self-mining arm was equally productive. August saw the company churn out 1,334 bitcoins, with its self-mining fleet now sitting at 127,716 servers and 12.69 EH/s. The CEO wasn’t shy about the achievement, pointing to the deployment of around 17,000 new servers during the month as a key driver. However, curtailment activities across multiple facilities did cap some of the growth potential.

Infrastructure Muscle: Where the Power Lives

Core Scientific’s Marble, NC data center sits alongside facilities in Georgia, Kentucky, North Dakota, and Texas—all running at full capacity. The company is ramping up Texas operations while preparing to launch in Oklahoma within the next few quarters. This geographic diversity isn’t just smart redundancy; it’s the backbone of reliable, massive-scale mining operations.

The Colocation Play

Beyond its own mining, Core Scientific provided hosting services for over 97,000 customer-owned ASIC servers, representing 41% of total hashrate. Customer demand continues to outpace available infrastructure, suggesting the company’s colocation services could be a significant revenue lever going forward.

Staying Profitable While Hodling

The company moved 1,125 bitcoins in August at an average of $23,014 per coin, netting approximately $25.9 million. By month’s end, Core Scientific held 1,409 bitcoins and roughly $47.2 million in cash, providing decent liquidity for ongoing expansion.

The Grid Reality

Mining operations aren’t happening in a vacuum. During August, Core Scientific powered down Texas and other facilities on several occasions to support grid stability, cutting a total of 11,057 megawatt hours from the network. It’s the kind of move that signals maturity in an industry still figuring out its relationship with power infrastructure.

The real story here? Core Scientific isn’t just mining—it’s building industrial-scale infrastructure that matters to both crypto and traditional energy markets.