UncategorizedMay 7, 2026 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. Original Source Related posts Kraken parent Payward to buy…Polygon reduces block time to…XRP ‘probably going to $12’…South Korea confirms 22% crypto…Morgan Stanley takes on crypto…Stablecoin industry opposes Bank of…OpenTrade raises $17M as CEO…Why stablecoins and SWIFT may…Samsung SDS wins deal to…Kaiko flags possible front-running before…