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DevelopingCompute05 Nov, 20:44 UTC

Core Scientific says it will exit bitcoin mining by the end of 2026 as colocation reaches $215.4 million a quarter

On its Q3 call executives said the wind-down completes in the fourth quarter; colocation was $215.4 million of $232.9 million revenue, according to Cointelegraph, which cites the company's earnings exhibit.

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