Repurposing remaining mining facilities to HDC
Company: Core Scientific
The claim, verbatim
Core Scientific is in the process of repurposing its remaining mining facilities to support its high-density colocation services business.
Source (primary)
Read Press Release (IR page (investors.corescientific.com), earnings_call)
View cached copy (2026-10-16)Live source ↗Archive.org ↗
Quote: “The Company is in the process of repurposing its remaining mining facilities to support its high-density colocation services business as circumstances allow.”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The company's boilerplate in the October 15, 2026 release states this directly. The release adds that the repurposing is happening 'as circumstances allow,' a qualifier the claim omits.
Confirmed in the source:
- Core Scientific is in the process of repurposing its remaining mining facilities to support its high-density colocation services business
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://investors.corescientific.com/news-events/press-releases/detail/145/core-scientific-inc-schedules-third-quarter-fiscal-year-2026-earnings-release-conference-call-and-webcast) in full (3,987 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Read Press Release
Quote: “The Company is in the process of repurposing its remaining mining facilities to support its high-density colocation services business as circumstances allow.”