American blockchain hosting provider Core Scientific has started reporting the amount of cryptocurrency mined daily. The company explained the move as a desire to be more transparent with shareholders and other stakeholders.

Now we get our daily reports #Bitcoin Self-extracted stats at https://t.co/2BwIkew6PG – this will be updated daily at 12pm ET.

Today’s results – 36.8 #Bitcoin extracted for the last reported 24-hour period.https://t.co/IQycsisIey

— Core Scientific (@Core_Scientific) April 18, 2022

“We believe the daily bitcoin production rate is one of the most important performance metrics in our industry. Disclosure of daily production provides transparency to our shareholders and other stakeholders.”

The company reports the daily output on its website. The data is updated daily at 19:00 Moscow time. In the current reporting period, the provider has generated 36.8 BTC (~$1.5 million).

In January 2022, Core Scientific became a publicly traded company through reverse merger. SPAC. Its shares are traded on the Nasdaq stock exchange under the code CORZ. At the time of writing, the securities are trading around $7.4 – since the opening of the session, quotes have lost almost 4%.

Recall that in April 2022, Tesla, Block and Blockstream announced that they would start mining bitcoin on solar power. The parties plan to launch a public dashboard that will display project performance metrics in real time, including power output and total BTC mining.