Core Scientific Q3 Self-Mining Revenue Down 79% YoY, AI Data Center Hosting Revenue Exceeds $200M

Odaily reports that Bitcoin mining company Core Scientific's Q3 self-mining revenue fell 79% year-over-year to $12.3 million, with the company recording a $7.5 million gross loss in its self-mining operations. Meanwhile, as the company continues its transition toward AI data center services, its hosting business generated $215.4 million in Q3 revenue, indicating a further shift in business focus from Bitcoin mining to AI infrastructure services. (The Block)