Terminated Block and Proto mining equipment contracts
Company: Core Scientific
The claim, verbatim
In the second quarter, the company terminated mining equipment contracts with Block and Proto and booked a loss of $41.9 million.
Source (primary)
Core Scientific to Exit Bitcoin Mining by Year-End, Pivots to Pure-Play AI Data Centers - BigGo Finance (-, news_article)
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Quote: “In the second quarter, it terminated mining equipment contracts with Block and Proto and booked a loss of $41.9 million”
How we checked this
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Additional evidence
confirms Core Scientific to Exit Bitcoin Mining by Year-End, Pivots to Pure-Play AI Data Centers - BigGo Finance
Quote: “In the second quarter, it terminated mining equipment contracts with Block and Proto and booked a loss of $41.9 million”