jain.com

Block hardware agreement terminated

Company: Core Scientific

Subject kind
partnership
Statement date
2026-11-06
Promised amount
41900000.0 USD
Current status
stated

The claim, verbatim

Core Scientific terminated a hardware agreement with Block in the second quarter at a loss of $41.9 million.

Source (primary)

Core Scientific and Iren End Bitcoin Mining and Go All In on AI Data Centers as Neocloud Stocks Crash - trendingtopics.eu (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “in the second quarter it terminated a hardware agreement with Block at a loss of 41.9 million dollars”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Core Scientific and Iren End Bitcoin Mining and Go All In on AI Data Centers as Neocloud Stocks Crash - trendingtopics.eu

Quote: “in the second quarter it terminated a hardware agreement with Block at a loss of 41.9 million dollars”

View cached copy (2026-11-06)Live source ↗Archive.org ↗