On the 5th, U.S. data center operator Core Scientific announced during its third-quarter earnings call that it plans to complete its withdrawal from the cryptocurrency Bitcoin (BTC) mining business by the end of the year. CFO Jim Nygard stated that by 2027, the company will focus exclusively on leasing data center equipment (high-density colocation).
According to the earnings materials submitted on the same day, revenue from equipment leasing in the third quarter increased by 60% compared to the previous quarter...
