At the end of 2022, the world’s largest publicly traded Bitcoin (BTC) miner, Core Scientific, went bankrupt. However, the restructuring resulted in a lot of savings. In this way, in 2023 he still managed to mine a lot of Bitcoins, even more than any other listed miner.
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Core Scientific is by far the largest
The explained Core Scientific on the social media platform
This makes it the largest publicly traded Bitcoin producer in North America. It has to be said that all miners listed currently come from North America. This makes Core Scientific, by definition, the largest listed miner in the world.
This is significantly more than the next largest miner in the industry, Riot Blockchain. This company only produced 6,626 BTC last year. This is relatively low because the company was literally paid by the government to disable its mining hardware. This had to do with a huge heat wave.
Third place goes to Marathon Digital, which declared at the beginning of the year that it had mined 12,852 BTC last year. Even if you don’t count the Bitcoins for Core Scientific customers, the latter is larger than both competitors.
There is a logical explanation for this too; According to Luxor’s Hashrate Index, Core Scientific has a computing power of 17,000 petahash per second (PH/s). The next two companies on the list are Riot Platforms at 9.3 PH/s and Marathon Digital at 7.0 PH/s.
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Largest Bitcoin miner listed on the stock exchange again
After Core Scientific’s bankruptcy, the company’s shares were delisted from the stock exchange. But the company has now put bankruptcy behind it, so CORZ shares have been listed on the Nasdaq again since last Wednesday. But unfortunately the share price plummeted immediately after the relaunch. At the time of writing, the price is about 48 percent below the introductory price.
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