According to Cointelegraph, Core Scientific intends to cease Bitcoin mining activities by the end of the current year. The company, formerly recognized for its mining operations, is shifting focus toward its artificial intelligence business, which is experiencing rapid growth. As a result, mining will comprise only 7.5% of the company’s quarterly revenue going forward. The organization plans to operate as a pure-play data center provider starting in 2027. This transition reflects an internal strategic shift away from mining in favor of expanding infrastructure services tied to AI development and deployment.
