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Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue Surges

Core Scientific (NASDAQ: CORZ) has paid $41.9 million to terminate a bitcoin miner contract with Block and its Proto unit, underscoring the data center

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Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue Surges

Core Scientific exits $41.9M mining contract; colocation revenue rises to 83% of quarterly results driven by GPU data-center capacity for AI infrastructure. CoreWeave concentration (77% revenue) with $4.3B debt and 2.5-gigawatt AMD partnership signal industry shift from crypto mining to AI infrastructure landlord.

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martedì 28 luglio 2026·cryptobriefing.com
Core Scientific partners with AMD to enhance compute capacity with 2.5 gigawatt deal
Core Scientific partners with AMD in a deal giving the chipmaker access to 2.5 gigawatts of AI compute capacity, with equity warrants tied to
martedì 28 luglio 2026·thenextweb.com
Core Scientific pivots to AMD with 2.5GW AI data-centre pact months after CoreWeave deal collapsed
Core Scientific has signed a data-centre deal with AMD that could reach 2.5GW, nine months after shareholders rejected a $9bn CoreWeave takeover.

Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue Surges

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Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue Surges

Timeline cronologica

Core Scientific partners with AMD to enhance compute capacity with 2.5 gigawatt deal

Core Scientific pivots to AMD with 2.5GW AI data-centre pact months after CoreWeave deal collapsed

Core Scientific lands AMD AI deal as bitcoin mining operation winds down

Core Scientific's AI Pivot Gets AMD Backing - Advanced Micro Devices (NASDAQ:AMD), Core Scientific (NASDA

Core Scientific partners with AMD for 500 MW AI data center deal, gets warrants for 30 million CORZ shares

Core Scientific pivots to AMD with 2.5GW AI data-centre pact months after CoreWeave deal collapsed

Core Scientific Adds More Bitcoin To Balance Sheet In Q2

Core Scientific lands AMD AI deal as bitcoin mining operation winds down

Core Scientific's AI Pivot Gets AMD Backing - Advanced Micro Devices (NASDAQ:AMD), Core Scientific (NASDA

Core Scientific partners with AMD for 500 MW AI data center deal, gets warrants for 30 million CORZ shares

Core Scientific posts $164 million revenue as colocation growth accelerates

Core Scientific Adds More Bitcoin To Balance Sheet In Q2

Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue Surges

Core Scientific's AMD Deal Could Generate $14 Billion Over 15 Years, Bernstein Forecasts - Core Scientifi