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MarketPublished by KAS Watch · November 06, 2026

Core Scientific to exit Bitcoin mining for AI data centers by 2027

Core Scientific plans to transition into a pure-play data center provider by 2027 as its AI business surges. Bitcoin mining currently accounts for only 7.5 percent of the company's quarterly revenue.

Why it matters for the market

This shift highlights the broader industry trend of miners pivoting toward AI infrastructure, which may influence broader crypto market sentiment and mining dynamics. However, any direct impact on Kaspa remains speculative and requires careful market observation.

Original source

Cointelegraph
Source publication · November 06, 2026 · 1 verified source
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Core ScientificBitcoin MiningAIData CentersMarket Trends
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