🚨 Core Scientific to Exit $BTC
Mining by 2026 End, Shifts Focus to AI
US-based mining company Core Scientific plans to shut down its Bitcoin mining operations by the end of 2026 and fully focus on AI and High-Performance Computing (HPC) infrastructure in 2027.
📊 Key Highlights:
Q3 2026 Revenue: $232.9 million.
Bitcoin Mining Revenue: $17.5 million.
Colocation Revenue: $215.4 million.
Active mining machines declined by approximately 50% compared to the end of 2025.
The company is shifting toward AI data centers as demand for computing infrastructure grows and Bitcoin mining profitability faces pressure.
Is AI becoming more profitable than Bitcoin mining?
#BTC #CoreScientific #Aİ #Mining #BinanceSquare
Mining by 2026 End, Shifts Focus to AI
US-based mining company Core Scientific plans to shut down its Bitcoin mining operations by the end of 2026 and fully focus on AI and High-Performance Computing (HPC) infrastructure in 2027.
📊 Key Highlights:
Q3 2026 Revenue: $232.9 million.
Bitcoin Mining Revenue: $17.5 million.
Colocation Revenue: $215.4 million.
Active mining machines declined by approximately 50% compared to the end of 2025.
The company is shifting toward AI data centers as demand for computing infrastructure grows and Bitcoin mining profitability faces pressure.
Is AI becoming more profitable than Bitcoin mining?
#BTC #CoreScientific #Aİ #Mining #BinanceSquare