Core Scientific plans to exit Bitcoin mining by the end of 2026
Photo: Crypto Briefing
The former mining giant will operate solely as an AI and high-performance computing colocation provider starting in 2027 Core Scientific is getting out of the Bitcoin mining business. The Nasdaq-listed company plans to fully exit self-mining by the end of the fourth quarter of 2026. Starting in 2027, it intends to operate purely as a high-density colocation provider for high-performance computing and AI workloads. The company disclosed the plan in its third-quarter 2026 earnings report, released on November 5, 2026.
Source: Crypto Briefing
