Bitcoin mining hosting clients not renewed
Company: Core Scientific
The claim, verbatim
Contracts with bitcoin mining hosting clients that are expiring will likely not be renewed, so the company can focus its bitcoin business on self-mining.
Source (primary)
Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript (IR page (investors.corescientific.com), earnings_call)
View cached copy (2026-10-16)Live source ↗Archive.org ↗
Quote: “The upcoming expiration of our bitcoin mining hosting clients will likely not see renewals”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
Sullivan stated that expiring bitcoin mining hosting contracts will likely not be renewed, letting the company focus its bitcoin business on self-mining.
Confirmed in the source:
- Expiring contracts with bitcoin mining hosting clients will likely not be renewed
- Not renewing them gives the company the opportunity to focus its bitcoin business on self-mining
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11128/pdf/June_2024_Investor_Day_Transcript_061224.pdf) in full (94,603 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript
Quote: “The upcoming expiration of our bitcoin mining hosting clients will likely not see renewals”