CryptoSlate July 29, 2026

Core Scientific lost 56% on Bitcoin mining but $80M in profit from its pivot to AI hosting

Core Scientific lost 56% on Bitcoin mining but $80M in profit from its pivot to AI hosting

The Q2 split favored colocation, although management did not say conversion had become compulsory.

The post Core Scientific lost 56% on Bitcoin mining but $80M in profit from its pivot to AI hosting appeared first on CryptoSlate.

Source: CryptoSlate
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