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Core Scientific
11 TokenPost stories are tagged Core Scientific. The newest appear first.
Latest Core Scientific stories
- Jeffries Puts Ending Trump Tariffs on House Democrats’ 100-Day Agenda
Jeffries has named no bill or vote date. A separate bill introduced in the current Congress would revoke some duties and provide refunds.
· Regulation
- Core Scientific Sold 816 Bitcoin (BTC), Held 32 as of Nov. 6
The company plans to end its own Bitcoin mining by Dec. 31, 2026, and focus on AI and high-performance computing hosting from 2027.
· Business
- Cipher to Cover First $359.3 Million in Barber Lake Cost Overruns
Riot expects guaranteed maximum price contracts to cover about 70% of Rockdale's budget, while Core Scientific cited tariffs as a source of higher equipment and material costs.
· Business
- Core Scientific Plans to End Its Bitcoin Mining by Late 2026
The company is also winding down mining hosting for outside customers. Total third-quarter revenue rose 187% year over year as mining revenue fell about 79%.
· Business
- Core Scientific’s Mining Business Generated 7.5% of Q3 2026 Revenue
Colocation revenue totaled $215.4 million, compared with $17.5 million from mining operations.
· Business
- Core Scientific’s Mining Fleet Falls Nearly Half Before Planned Q4 2026 Exit
Hosting revenue reached $215 million in the third quarter, while the company plans to move to hosting-only operations in 2027.
· Business
- Core Scientific Revenue Jumps 187% as Self-Mining Income Falls 79%
Data-center hosting brought in $215.4 million, about 92.5% of third-quarter revenue.
· Business
- Core Scientific Revenue Climbs to $232.9 Million on Colocation Growth
Colocation revenue reached $215 million as billable capacity rose to 485 megawatts. Net income was $1.2 billion, primarily reflecting a noncash gain.
· Business
- Bitcoin Mining Estimate Puts Electricity at 45.9% of Total Costs
Vitalik Buterin’s comparison assigns 76% of estimated AI inference costs to computing capital, using a per-GPU-year measure that differs from mining’s cost per Bitcoin.
· Technology
- Bitcoin Miners’ Estimated Hashrate Decline Equals $1.5 Billion in Rigs
The estimate applies an assumed $20 per terahash per second to an estimated 75 EH/s drop in realized hashrate during the first half of 2026. It is not a reported sale value or loss.
· Technology
- Bitcoin Miners Add AI Capacity as Second-Quarter Costs Exceed Price
Listed miners’ average pretax cash cost was about $75,500 per Bitcoin in the second quarter, versus a quarter-end price of $58,400. Bitdeer also reported new AI data center capacity in Malaysia.
· Technology