Bitcoin Miner Core Scientific Reports Q1 Revenue of $115M, Net Loss of $347M

BTC-1.3%

According to Odaily, Bitcoin mining company Core Scientific reported Q1 2026 total revenue of $115 million and net loss of $347 million. Bitcoin network average hashrate reached 970.8 EH/s this week (May 1-7), up 2.67% from the prior week’s 945.5 EH/s, according to Cloverpool. Bitcoin averaged $80,015 during the week, rising 1.1% from the previous week’s $79,126, per Blockchain.com.

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