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Terminated mining equipment agreement with Block and Proto

Company: Core Scientific

Subject kind
partnership
Statement date
2026-11-05
Promised amount
41900000.0 USD
Current status
stated

The claim, verbatim

In Q2 2026 Core Scientific terminated a mining equipment agreement with Block and Proto, recognizing a $41.9 million loss.

Source (primary)

Core Scientific to Exit Bitcoin Mining by 2026 as AI Data Center Business Takes Over - KuCoin (-, news_article)
View cached copy (2026-11-12)Live source ↗Archive.org ↗

Quote: “it also terminated a mining equipment agreement with Block and Proto, recognizing a $41.9 million loss”

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 to Exit Bitcoin Mining by 2026 as AI Data Center Business Takes Over - KuCoin

Quote: “it also terminated a mining equipment agreement with Block and Proto, recognizing a $41.9 million loss”

View cached copy (2026-11-12)Live source ↗Archive.org ↗