✔ VERIFIED First reported by CoinPedia · Nov 5, 19:21 UTC · updated Nov 6, 00:19 UTC

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.

Common to all reports: Core Scientific · Bitcoin Mining · AI Takes · Colocation

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Confirmed by 4 sources

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Tags: Bitcoin, Markets, BTC

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