Cointime update: Core Scientific will shut down its bitcoin mining business on December 31, 2026, management said, after selling 816 BTC in the third quarter — 96% of its holdings — leaving just 32 BTC on its balance sheet as of September 30. Third-quarter revenue was $233 million, including $215 million from hosting and about $17.5 million from mining, with power contracts for AI customers CoreWeave and AMD totaling 1.12 GW.
Core Scientific to End Bitcoin Mining by End of 2026
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