A post by @WuBlockchain on X.

Core Scientific said during its Q3 earnings call that it will fully shut down its proprietary Bitcoin mining business by Q4 2026, with active miners already down nearly 50% from the end of 2025, and will operate purely as a high-performance computing colocation provider from 2027. The pivot comes as colocation revenue reached $215 million in Q3, up nearly 60% quarter-over-quarter, with EBITDA margin expanding to 57%. The move marks a strategic exit from mining for a company once the world's largest Bitcoin miner, shifting its economics toward hosting HPC workloads rather than hash-price exposure. Investors will watch whether colocation demand and margins can sustain that growth as mining wind-down costs and timing unfold through 2026.