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Steady2 stories1 sourcesLast updated: 5/7/2026

Related Topicscore scientific artificial intelligence bitcoin mining data center texas infrastructure pecos adam sullivan

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Core Scientific posts $347M loss as AI hosting overtakes Bitcoin mining

Core Scientific posts $347M loss as AI hosting overtakes Bitcoin mining

Core Scientific mined 279 BTC in the quarter, down 45% from a year earlier, while its colocation business became its top revenue source.

Core Scientific to Expand Texas Operations into 1.5 Gigawatt AI Data Center Campus

4/28/2026AI summary

Core Scientific to Expand Texas Operations into 1.5 Gigawatt AI Data Center Campus

Core Scientific is transforming its Pecos, Texas, site into a 1.5 GW AI-focused data center, repurposing 300 MW of mining capacity. The move reflects a broader industry trend among Bitcoin miners pivoting toward AI infrastructure to diversify revenue streams.