Core Scientific plans to exit Bitcoin mining by end of 2026 as AI data center revenue grows
FROM THE WIRE · FINANCEFEEDS.COM
Core Scientific, once among the world's largest publicly traded Bitcoin miners, plans to shut down its remaining cryptocurrency mining operations by the end
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe shift from Bitcoin mining to AI data centers may affect miner sentiment and the crypto market narrative.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Core Scientific, once among the largest listed Bitcoin miners, will shut its remaining mining operations.
- 02The company points to rising revenue from AI data centers.
- 03The mining shutdown is planned by the end of 2026.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets