Core Scientific to Build 300MW Blockchain Data Center in Texas

The new data center will increase Core’s total power capacity to more than 800MW.

AccessTimeIconOct 7, 2021 at 4:49 p.m. UTC
Updated May 11, 2023 at 6:01 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Core Scientific, the blockchain hosting and digital asset mining company, is building a new 300- megawatt (MW) blockchain data center in Denton, Texas.

  • The company is building the data center using “emissions-free power supplemented by renewable energy credits.”
  • “When completed, the new Denton data center will increase the company’s total power capacity to more than 800MW while remaining 100% net carbon-neutral,” the company said in a statement on Thursday.
  • The expansion is a part of a development collaboration with privately held Tenaska Energy, which will provide development and power management services for the facility and serve as energy advisor.
  • Core is planning to go public via a special purpose acquisition company (SPAC) with Power & Digital Infrastructure Acquisition Corp.
  • Recently, crypto mining firm Argo Blockchain said that it agreed to buy 20,000 mining machines for the data center it is building in West Texas. Argo said that by choosing the Texas location, it has been able to secure access to some of the “cheapest renewable energy worldwide.”
  • Bitcoin Miner Bitfarms Warns of Default
    04:20
    Bitcoin Miner Bitfarms Warns of Default
  • Stronghold Digital CEO on State of Bitcoin Mining Amid FTX Fallout
    07:43
    Stronghold Digital CEO on State of Bitcoin Mining Amid FTX Fallout
  • Bitcoin Could Rally to $63K by March 2024: Matrixport
    01:11
    Bitcoin Could Rally to $63K by March 2024: Matrixport
  • Bitcoin Is Trading With the Markets Right Now ‘for Better or for Worse,’ Expert Says
    05:43
    Bitcoin Is Trading With the Markets Right Now ‘for Better or for Worse,’ Expert Says
  • Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Aoyon Ashraf

    Aoyon Ashraf is managing editor with more than a decade of experience in covering equity markets


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.