Market Capitalization:2 661 009 897 646,4 USD
Vol. in 24 hours:133 767 121 987,66 USD
Dominance:BTC 60,32%
ETH:10,4%
Market Capitalization:2 661 009 897 646,4 USD
Vol. in 24 hours:133 767 121 987,66 USD
Dominance:BTC 60,32%
ETH:10,4%
Market Capitalization:2 661 009 897 646,4 USD
Vol. in 24 hours:133 767 121 987,66 USD
Dominance:BTC 60,32%
ETH:10,4%
Market Capitalization:2 661 009 897 646,4 USD
Vol. in 24 hours:133 767 121 987,66 USD
Dominance:BTC 60,32%
ETH:10,4%
Market Capitalization:2 661 009 897 646,4 USD
Vol. in 24 hours:133 767 121 987,66 USD
Dominance:BTC 60,32%
ETH:10,4%
Market Capitalization:2 661 009 897 646,4 USD
Vol. in 24 hours:133 767 121 987,66 USD
Dominance:BTC 60,32%
ETH:10,4%
Market Capitalization:2 661 009 897 646,4 USD
Vol. in 24 hours:133 767 121 987,66 USD
Dominance:BTC 60,32%
ETH:10,4%
Market Capitalization:2 661 009 897 646,4 USD
Vol. in 24 hours:133 767 121 987,66 USD
Dominance:BTC 60,32%
ETH:10,4%
Market Capitalization:2 661 009 897 646,4 USD
Vol. in 24 hours:133 767 121 987,66 USD
Dominance:BTC 60,32%
ETH:10,4%
Market Capitalization:2 661 009 897 646,4 USD
Vol. in 24 hours:133 767 121 987,66 USD
Dominance:BTC 60,32%
ETH:10,4%
Yes
>>Core Scientific reports a Q1 loss of $347 million amid a decline in Bitcoin mining.

Core Scientific reports a Q1 loss of $347 million amid a decline in Bitcoin mining.

crypthub
Core Scientific reports a Q1 loss of $347 million amid a decline in Bitcoin mining.

Financial Results

Core Scientific posted a $347 million loss for Q1 as its Bitcoin mining revenue collapsed. Mined BTC production dropped 45%, while AI colocation revenue surged ninefold to $77.5 million.

Strategic Shift

The firm is rapidly pivoting toward AI infrastructure services. The story was first reported by COINTURK NEWS.