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.

You might also like

Institutions held crypto through 50% drawdown, Bi…
Sep 24, 2026 Read
Brooklyn Man Who Bragged About $16M Coinbase Scam…
Sep 24, 2026 Read
Why surging US real yields are quietly forcing Bi…
Sep 24, 2026 Read
Ethereum Price Prediction: BlackRock Says AI Stab…
Sep 24, 2026 Read