Block/Proto chip supply agreement terminated
Company: Core Scientific
The claim, verbatim
Core Scientific booked a $41.9 million loss on contract termination in the second quarter from its decision to end a Block/Proto mining chip supply agreement.
Source (primary)
Core Scientific (CORZ) to Exit Bitcoin Mining by Year-End as Colocation Hits $215 Million - Bitcoin Magazine (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗
Quote: “A $41.9 million loss on contract termination booked in the second quarter reflects the decision to end a Block/Proto mining chip supply agreement.”
How we checked this
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Additional evidence
confirms Core Scientific (CORZ) to Exit Bitcoin Mining by Year-End as Colocation Hits $215 Million - Bitcoin Magazine
Quote: “A $41.9 million loss on contract termination booked in the second quarter reflects the decision to end a Block/Proto mining chip supply agreement.”