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Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue Surges

Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue SurgesCore Scientific (NASDAQ: CORZ) has paid $41.9 million to terminate a bitcoin miner contract with Block and its Proto unit, underscoring the data center operator’s accelerating retreat from bitcoin mining toward AI infrastructure. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) […]

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Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue Surges

Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue SurgesCore Scientific (NASDAQ: CORZ) has paid $41.9 million to terminate a bitcoin miner contract with Block and its Proto unit, underscoring the data center operator’s accelerating retreat from bitcoin mining toward AI infrastructure. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) […]

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Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue Surges

Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue SurgesCore Scientific (NASDAQ: CORZ) has paid $41.9 million to terminate a bitcoin miner contract with Block and its Proto unit, underscoring the data center operator’s accelerating retreat from bitcoin mining toward AI infrastructure. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) […]

(more…)

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Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue Surges

Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue SurgesCore Scientific (NASDAQ: CORZ) has paid $41.9 million to terminate a bitcoin miner contract with Block and its Proto unit, underscoring the data center operator’s accelerating retreat from bitcoin mining toward AI infrastructure. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) […]

(more…)

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