Core Scientific AnnouncesMarch 2025 Production and Operations Updates (Form 8-K)

Core Scientific Announces
March 2025 Production and Operations Updates

Earned 247 Self-Mined Bitcoin for a Total of 718 Bitcoin Year-to-Date and Our Customers Earned an Estimated 17 Bitcoin at Our Data Centers in March

AUSTIN, Texas, April 7, 2025 - Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or "the Company"), a leader in digital infrastructure for high-performance computing and bitcoin mining, today released unaudited production and operations updates for March 2025.

Key Metrics Summary (unaudited)

Metric			March 2025						February 2025
Self-Mining Bitcoin Earned1			247						215
Hosting Bitcoin Earned by Customers2			17						16
Average Self-Mined Bitcoin Earned/Day			8.0						7.7
Self-Mining Energized Hash rate3			18.1						18.4
Hosting Energized Hash rate4			1.0						1.0

1 Self-Mining Bitcoin Earned represents bitcoin rewards earned by bitcoin miners owned and operated by Core Scientific

2 Hosting Bitcoin Earned represents estimated bitcoin rewards earned by customer-owned miners installed and operated by Core Scientific in our data centers, including bitcoin rewards earned by customers and paid to the Company pursuant to proceeds sharing agreements

3 Self-Mining Energized Hash Rate represents the total rated capacity of all Company-owned bitcoin miners installed and operating in Core Scientific's data centers. Includes previous generation miners removed to accommodate new miners and then re-deployed opportunistically to exploit favorable mining economics

4 Hosting Energized Hash Rate represents the total rated capacity of all hosted bitcoin miners owned by customers, installed and operated by Core Scientific in our data centers

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Core Scientific, Inc. March '25 Update - 2

Total Energized Hash rate			19.1			19.4
Average Self-Mining Fleet Efficiency (J/TH)5			24.3			24.4

Data Centers

As of month-end, the Company operated approximately 163,000 bitcoin miners in our data centers for both self-mining and hosting, representing a total energized hash rate of 19.1 EH/s.

Digital Asset Self-Mining

Core Scientific earned 247 bitcoin in March from its owned fleet of miners. As of month end, the Company operated approximately 156,000 owned bitcoin miners, representing approximately 96% of the bitcoin miners operating in its data centers and a total energized hash rate of 18.1 EH/s.

Hosting Services for Bitcoin Mining

In addition to its self-mining fleet, Core Scientific provided data center hosting services, technology and operating support for approximately 7,000 hosted, customer-owned bitcoin miners, representing approximately 4% of the bitcoin miners operating in the Company's data centers as of March 31, 2025. Customer-owned bitcoin miners earned an estimated 17 bitcoin in March.

Grid Support

The Company reduced the consumption of power at its data centers on multiple occasions, delivering 35,295 megawatt hours to local electrical grids.

5 Average Self-Mining Fleet Efficiency (J/TH) represents the weighted average power consumption in Joules per terahash based on the actual efficiency of each model of miner operating in Core Scientific's owned self-mining fleet˙

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Core Scientific, Inc. March '25 Update - 3

ABOUT CORE SCIENTIFIC

Core Scientific is a leader in digital infrastructure for high-performance computing. The company operates dedicated, purpose-built facilities and is a premier provider of digital infrastructure, software solutions and services to our third-party customers. We employ our own large fleet of computers ("miners") to earn digital assets for our own account and to provide hosting services for large bitcoin mining customers and we are in the process of allocating and converting a significant portion of our nine operational data centers in Alabama (1), Georgia (2), Kentucky (1), North Carolina (1), North Dakota (1) and Texas (3), and our facility in development in Oklahoma to support artificial intelligence-related workloads under a series of contracts that entail the modification of certain of our data centers to deliver hosting services for high-performance computing ("HPC"). To learn more, visit www.corescientific.com.