Bitcoin
Core Scientific’s mining exit: the numbers behind the switch-off
CryptoDnes·November 8, 2026·1 min read
Core Scientific will quit Bitcoin mining in Q4 2026 as self-mining loses money and AI colocation prints 60% gross margins on 92% of revenue. The company is shifting focus to AI colocation, which offers higher profitability compared to mining, signaling a strategic pivot away from Bitcoin mining.
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