Core Scientific signed a $1.4 billion deal with AMD
529 megawatts of AI infrastructure under a 15-year lease
What was this company doing before? Bitcoin mining...
Now, 83% of its revenue comes from AI hosting, while mining revenue has dropped 66%
Even Block’s mining chip contract was terminated directly—resulting in a $41.9 million loss
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The shift from mining to AI isn’t just a trend anymore—it’s an ongoing reality
Power and compute are transferable; whoever transitions first survives
CORZ was up 5.6% pre-market— the market voted with its feet
Every day, I’ll take you through the hot spots in the mining-to-AI transition—not just what’s happening in the news, but also the logic and opportunities behind it 👀🚀
#CoreScientific #AMD #mining-to-AI transition