All existing capacity converted to colocation within three years
Company: Core Scientific
The claim, verbatim
Management expects every megawatt of its existing capacity to move over to colocation within three years.
Source (primary)
Core Scientific plans to exit Bitcoin mining by the end of 2026 - Cryptonews.net (-, news_article)
View cached copy (2026-11-08)Live source ↗Archive.org ↗
Quote: “Management expects every megawatt of its existing capacity to move over to colocation within three years.”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The article reports management's expectation that every megawatt of existing capacity moves to colocation within three years.
Confirmed in the source:
- Management expects all existing capacity to move to colocation
- Management expects this conversion within three years
What we did: Read our cached copy of the publisher (https://cryptonews.net/news/mining/33710304/) in full (6,813 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific plans to exit Bitcoin mining by the end of 2026 - Cryptonews.net
Quote: “Management expects every megawatt of its existing capacity to move over to colocation within three years.”