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Magenta and cobalt editorial collage of a non-cash accounting ledger above data-center construction, with Core Scientific and TeraWulf logos on filing folders.
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Core Scientific and TeraWulf: profits without the cash

by CryptoExpert in Mining

Core Scientific and TeraWulf reported nearly $1.9 billion of combined third-quarter profit as they shifted from Bitcoin mining toward data-center hosting for AI customers. Their earnings included $1.76 billion of pretax non-cash gains from revaluing [...]
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