Digital Realty competes with Core Scientific to sell data-center space, power and cooling to enterprises and service providers needing multi-megawatt facilities. Its leases for deployments above 1 MW generally run five to ten years or longer, making large-capacity leasing the part to watch as Core Scientific builds recurring colocation revenue.

Keel Infrastructure Corp. and Core Scientific both earn Bitcoin-mining revenue and are developing data-center capacity to lease long term to AI and cloud customers. Keel had no HPC infrastructure revenue as of December 31, 2025 and expects its first in 2027, so it is a future leasing competitor rather than a current revenue comparison.

Riot Platforms and Core Scientific use large mining fleets to earn bitcoin rewards, so bitcoin prices, network difficulty, block rewards and electricity costs affect both businesses. Compare Riot’s bitcoin production with its deployed computing power to read mining conditions, while allowing for Core Scientific’s deliberate fleet reductions as it converts sites to colocation.

CleanSpark and Core Scientific profit from their mining fleets only when the value of bitcoin produced exceeds mining costs. Watch CleanSpark’s fleet energy efficiency and use of mined bitcoin to fund operations and capital spending for a view of the cost and cash demands of Core Scientific’s remaining mining business.

MARA Holdings and Core Scientific own substantial mining infrastructure and earn bitcoin by validating blocks, exposing both to the same reward, network-difficulty and power-cost pressures. MARA’s bitcoin production and control of its energy infrastructure are useful checks on the economics of Core Scientific’s remaining mining operations.

Bitdeer and Core Scientific both mine bitcoin for themselves and provide hosting infrastructure to paying third-party miners. Bitdeer’s self-mining revenue is the more relevant comparison as Core Scientific does not expect to expand mining hosting in 2026 or later.

HIVE Digital Technologies Ltd. shares Core Scientific’s Bitcoin-linked mining exposure and shift toward reusing mining sites for high-density AI workloads. HIVE sells computing power to mining pools and AI customers, so its AI facility upgrades show progress toward serving the customer group Core Scientific is targeting with colocation.

WhiteFiber, Inc. competes with Core Scientific to provide high-density hosting and colocation for AI and machine-learning customers. Watch WhiteFiber’s hosting and colocation revenue separately from its GPU cloud services, which also charge customers for the computing itself.

Equinix competes with Core Scientific in high-density colocation, charging customers recurring fees for data-center space and power. Its monthly recurring infrastructure revenue provides a comparison for the business Core Scientific is building, while its customer and partner interconnections distinguish its offering.

Nebius Group and Core Scientific serve different layers of the same AI-compute expansion: Nebius sells GPU computing and software for model training and inference, while Core Scientific sells customers the space, power and cooling to house AI equipment. Demand for Nebius’s training and inference capacity is the part most relevant to Core Scientific’s colocation opportunity.

Vertiv benefits from the high-density data-center buildout Core Scientific is pursuing, selling operators the equipment that supplies power and removes heat rather than leasing computing space. Demand for Vertiv’s power-management and liquid-cooling products is the relevant signal for this infrastructure expansion, not evidence of a direct supply relationship.