jain.com

Repurpose remaining mining sites for colocation

Company: Core Scientific

Subject kind
facility timeline
Statement date
2026-11-07
Current status
stated

The claim, verbatim

The company's written release says remaining mining sites will be repurposed for colocation as circumstances allow, with no fixed date.

Source (primary)

Core Scientific Is Quitting Bitcoin Mining as It Now Makes About 92% of Its Revenue Renting to AI Customers - Yahoo Finance (-, news_article)
View cached copy (2026-11-08)Live source ↗Archive.org ↗

Quote: “The written release says only that remaining mining sites will be repurposed for colocation as circumstances allow.”

How we checked this

Checked on November 10, 2026. The cited source supports every part of this claim.

The article says the written release states 'only' that the sites will be repurposed as circumstances allow, contrasting it with the year-end timeline given verbally on the call.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/crypto/articles/core-scientific-quitting-bitcoin-mining-195250741.html) in full (13,141 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific Is Quitting Bitcoin Mining as It Now Makes About 92% of Its Revenue Renting to AI Customers - Yahoo Finance

Quote: “The written release says only that remaining mining sites will be repurposed for colocation as circumstances allow.”

View cached copy (2026-11-08)Live source ↗Archive.org ↗

confirms Core Scientific Is Quitting Bitcoin Mining as It Now Makes About 92% of Its Revenue Renting to AI Customers - 24/7 Wall St.

Quote: “The written release says only that remaining mining sites will be repurposed for colocation as circumstances allow.”

View cached copy (2026-11-09)Live source ↗Archive.org ↗