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Techub News, according to crypto.news, Core Scientific reported its Q1 2026 financial results, with revenue of $115.2 million, up 45% year-over-year, but a net loss of $347.2 million, primarily due to non-cash impairment charges. The company's CEO stated that it differentiates its business through capital reserves and rapid delivery capabilities.
The company is accelerating its transition from Bitcoin mining to AI infrastructure, with hosting service revenue rising to $77.5 million and self-mining revenue falling to $30.1 million. The company plans to convert its Pecos, Texas mining site into an AI data center and announced the acquisition of Polaris DS for approximately $421 million to expand its power capacity.
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Techub News, according to crypto.news, Core Scientific reported its Q1 2026 financial results, with revenue of $115.2 million, up 45% year-over-year, but a net loss of $347.2 million, primarily due to non-cash impairment charges. The company's CEO stated that it differentiates its business through capital reserves and rapid delivery capabilities.
The company is accelerating its transition from Bitcoin mining to AI infrastructure, with hosting service revenue rising to $77.5 million and self-mining revenue falling to $30.1 million. The company plans to convert its Pecos, Texas mining site into an AI data center and announced the acquisition of Polaris DS for approximately $421 million to expand its power capacity.
如您认为本页面（或本平台）内容存在侵权或违规情形，请您在发现之日起尽快与我们联系，并提供：权利人姓名/名称及联系方式、被侵权作品名称及权属证明、具体侵权链接及情况说明。我们在核实后将及时处理相关内容。
联系方式：creator@techub.news
商务合作：contacting@techub.news
点击链接下载 Techub News App，获取最新讯息：
https://www.techub.news/download
（或扫描下方二维码下载）
All information provided on this website is for reference only. The website does not guarantee the accuracy, validity, timeliness, or completeness of the information. Any actions based on the information provided are at the user’s own risk.
