jain.com

Conversion of mining facilities to colocation and AI workloads

Company: Core Scientific

Subject kind
facility timeline
Statement date
2025-10-23
Current status
stated

The claim, verbatim

Core Scientific is converting most of its existing facilities to support artificial intelligence-related workloads and next generation colocation services, and intends to repurpose remaining mining facilities to high-density colocation computing services as circumstances allow

Source (primary)

core-scientific 8-K exhibit (q32025corescientificinc-ea.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗

Quote: “We are in the process of converting most of our existing facilities to support artificial intelligence-related workloads and next generation colocation services. We currently intend to repurpose our remaining facilities currently used in our digital asset mining businesses to support our high-density colocation computing services business as circumstances allow”

How we checked this

Checked on September 29, 2026. The cited source supports every part of this claim.

The 'About Core Scientific' section of the release states both the ongoing conversion of most facilities and the intent to repurpose the remaining mining facilities as circumstances allow.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000162828025046263/q32025corescientificinc-ea.htm) in full (35,843 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms core-scientific 8-K exhibit (q32025corescientificinc-ea.htm)

Quote: “We are in the process of converting most of our existing facilities to support artificial intelligence-related workloads and next generation colocation services. We currently intend to repurpose our remaining facilities currently used in our digital asset mining businesses to support our high-density colocation computing services business as circumstances allow”

View cached copy (2026-09-27)Live source ↗