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Core Scientific to quit Bitcoin mining by year-end as AI business surges

The former Bitcoin mining heavyweight plans to become a pure-play data center provider in 2027, with mining now accounting for just 7.5% of quarterly revenue.

The former Bitcoin mining heavyweight plans to become a pure-play data center provider in 2027, with mining now accounting for just 7.5% of quarterly revenue.

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Read the full story at cointelegraph.com: https://cointelegraph.com/news/core-scientific-to-quit-bitcoin-mining-by-year-end-as-ai-business-surges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Source: cointelegraph.com

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