Crypto mining company Core Scientific is listed on NASDAQ through SPAC

Encrypted mining company Core Scientific announced that it will be listed on the Nasdaq through a merger with Power & Digital Infrastructure Acquisition Corp. The transaction was completed through a special purpose acquisition company. As of press time, Core has not announced when the transaction will begin, nor has it announced the stock code. Core Scientific operates in several states, including North Dakota, North Carolina, Georgia and Kentucky. In addition to being one of the largest cryptocurrency miners in North America, the company is also the largest provider of custody and blockchain infrastructure. Core has exceeded its current capacity and hopes to expand its facilities to two other states. The company operates approximately 80,000 mining machines and will add more than 200,000 mining machines by the end of 2022.