Bitcoin Miner Core Scientific Has More Than 100% Upside: BTIG

At about 7.5 EH, or roughly 3.8% of global hash capacity, Core already operates the most hash among its publicly traded peers, said Lewis. With another 7.5 EH scheduled to come online later this year, the company’s global market share could rise to 4%-5%. Core also has a diversified infrastructure footprint, with seven locations across the U.S., and another two under construction.