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Coverage of "Block" on Cryptosearcher: the stories and the context behind them.

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Core Scientific Walks Away from Block’s Mining Chip Deal, Posts $41.9M Write-Down

Core Scientific has ended its Bitcoin mining chip deal with Block, taking a one-time $41.9 million loss and stepping back from a major mining hardware initiative.

July 29, 2026

Core Scientific Walks Away from Block’s Mining Chip Deal, Posts $41.9M Write-Down