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Core Scientific says it will exit proprietary Bitcoin mining by end of 2026

NewsFeeds update

Core Scientific plans to end proprietary Bitcoin mining by 31 December 2026 and become a pure-play high-density hosting provider for high-performance computing and AI workloads from 2027, phasing out third-party mining hosting too.

MiningPANewsAIBearish

Read the original on PANews

The story so far: Core Scientific AI pivot

Bitcoin miner Core Scientific reported third-quarter revenue of $233m, up 41.8% from $164m in the prior quarter, as its shift into AI and high-performance computing data centre leasing gained traction. It now plans to end proprietary Bitcoin mining by 31 December 2026 and become a pure-play high-density hosting…

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Core Scientific posts $233m in third-quarter revenue as AI pivot grows

  2. Core Scientific says it will exit proprietary Bitcoin mining by end of 2026

  3. Core Scientific sells 816 BTC and now holds 32

More Mining updates

  1. Solo Bitcoin miners mined 36 blocks in 2026, Soloblocks data shows

    MiningPANewsAINeutral

  2. Bitdeer says it sold all 258.6 BTC mined this week and holds none

    MiningPANewsAIBearish

  3. IREN says third-quarter Bitcoin output fell to 402 as AI cloud shift nears completion

    MiningOdailyAIBearish

Every Mining update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.