Core Scientific to quit Bitcoin mining by year-end as AI business surges
The former Bitcoin mining heavyweight plans to become a pure-play data center provider in 2027, with mining now accounting for just 7.5% of quarterly revenue.
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The former Bitcoin mining heavyweight plans to become a pure-play data center provider in 2027, with mining now accounting for just 7.5% of quarterly revenue.
Why this matters
Bitcoin is showing up inside the Mining theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
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Cross-source coverage
3 sources
Core Scientific (CORZ) to Exit Bitcoin Mining by Year-End as Colocation Hits $215 Million
Bitcoin Magazine Core Scientific (CORZ) to Exit Bitcoin Mining by Year-End as Colocation Hits $...
Core Scientific plans to exit Bitcoin mining by the end of 2026
Core Scientific's shift from Bitcoin mining to AI colocation highlights a strategic pivot towar...
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