Core Scientific, Inc. CORZ Mining Segment — Gross Profit
Discontinued — last reported Q1 '24
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Where this comes from
Reported directly by Core Scientific, Inc. in its filing.
Tagged under the XBRL concept us-gaap:GrossProfit.
The official record: Core Scientific, Inc.’s 10-Q, filed May 9, 2024, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Core Scientific, Inc.'s mining segment — gross profit?
- Core Scientific, Inc. (CORZ) reported mining segment — gross profit of $68.4M in Q1 2024.
- How has Core Scientific, Inc.'s mining segment — gross profit changed year-over-year?
- Core Scientific, Inc.'s mining segment — gross profit increased by 169.8% year-over-year, from $25.35M to $68.4M.
- What does mining segment — gross profit mean?
- The profit remaining from mining operations after subtracting direct production costs.
- How do you interpret mining segment — gross profit?
- An increase indicates improved operational efficiency or higher digital asset prices, while a decrease suggests rising costs or lower mining yields.
- How does mining segment — gross profit compare across companies?
- Standard metric across all industrial and technology sectors to assess core product profitability.