Core Scientific to exit Bitcoin mining by year-end, become pure-play data center provider
Cointelegraph reports that Core Scientific plans to quit Bitcoin mining by year-end and become a pure-play data center provider in 2027. The post states mining now accounts for just 7.5% of quarterly revenue as the company's AI business surges.
Why “Unverified”
- Reported by Cointelegraph alone, with no second source or primary confirmation yet
1 independent source group across 1 post · evidence score 48/100. How labels work
What the sources claim
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Core Scientific plans to stop Bitcoin mining by the end of the year.
“Core Scientific to quit Bitcoin mining by year-end”
Cointelegraph -
The company plans to become a pure-play data center provider in 2027.
“plans to become a pure-play data center provider in 2027”
Cointelegraph -
Mining now accounts for just 7.5% of Core Scientific's quarterly revenue.
“mining now accounting for just 7.5% of quarterly revenue”
Cointelegraph
Sources
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-11-06 00:30 UTC. Labels are computed from the sources, not by the model.