Core Scientific to Build New 300MW Blockchain Data Center in Texas

7 October 2021

in Blockchain

Reading Time: 1 mins read

Core Scientific, the blockchain hosting and digital asset mining company, is building a new 300 megawatt blockchain data center in the city of Denton, Texas.

Blockchain Powers Jack Ma’s -B Ant Group Energy Asset Strategy

Blockchain Powers Jack Ma’s $8-B Ant Group Energy Asset Strategy

9 September 2025

Japan Post Bank To Give Digital Yen Access To .3T Deposits

Japan Post Bank To Give Digital Yen Access To $1.3T Deposits

3 September 2025

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. The company said that by choosing the Texas location, Argo has been able to secure access to some of the “cheapest renewable energy worldwide.”

Source link

[crypto-donation-box]