Sunset of hosted mining
Company: Core Scientific
The claim, verbatim
The company continued sunsetting hosted mining, reducing it to about 11% of the total fleet.
Source (primary)
December 2024 Convertible Note Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-10-16)Live source ↗
Quote: “Continued sunset of hosted mining to ~11% of total fleet”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The 2024 snapshot's Q3 operational section says the company continued the sunset of hosted mining to ~11% of its total fleet.
Confirmed in the source:
- The company continued sunsetting its hosted mining business
- Hosted mining was reduced to about 11% of the total fleet
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11131/pdf/Core_Scientific_December_2024_Company_Presentation.pdf) in full (23,998 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms December 2024 Convertible Note Presentation
Quote: “Continued sunset of hosted mining to ~11% of total fleet”