Core Scientific plans to cease Bitcoin mining by the end of 2026
Core Scientific plans to cease Bitcoin mining by the end of 2026
American company Core Scientific plans to end Bitcoin mining by the end of 2026 and focus on data centers for AI and high-performance computing. In Q3, mining generated approximately $17.4 million for the company, or 7.5% of revenue, while revenue from colocation services reached $215.4 million.