Why does this matter?
Well, in the press release, the only mention of crypto is:
Potential to repurpose toward HPC usage or divest crypto mining business over the medium-term horizon.
Emphasis mine.
The TL;DR here is that Core Scientific accidentally made themselves valuable by investing millions of dollars into compute and power for crypto, and it just so happens that's valuable for AI.
So in a world where bitcoin is going to be "digital gold", one of the largest companies in the US built to mine it is now basically being sold for (admittedly very expensive) parts to power another business.
Its okay though, because we're "still early"
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