Full exit from Bitcoin self-mining by year-end 2026
Company: Core Scientific
The claim, verbatim
Management said remaining self-mining operations will be wound down during Q4 2026, with a full exit from Bitcoin mining by year-end and the company entering 2027 exclusively as a pure-play high-density colocation provider for AI/HPC workloads.
Source (primary)
Core Scientific Plans Full Exit From Bitcoin Mining As AI Colocation Becomes Dominant - Crowdfund Insider (-, news_article)
View cached copy (2026-11-07)Live source ↗Archive.org ↗
Quote: “Chief Financial Officer Jim Nygaard stated the company anticipates completing the wind-down in the fourth quarter and entering the new year as a dedicated high-density colocation provider. Chief Executive Officer Adam Sullivan similarly confirmed an expected full exit from Bitcoin mining by year-end.”
How we checked this
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Additional evidence
confirms Core Scientific Plans Full Exit From Bitcoin Mining As AI Colocation Becomes Dominant - Crowdfund Insider
Quote: “Chief Financial Officer Jim Nygaard stated the company anticipates completing the wind-down in the fourth quarter and entering the new year as a dedicated high-density colocation provider. Chief Executive Officer Adam Sullivan similarly confirmed an expected full exit from Bitcoin mining by year-end.”