Core Scientific, the blockchain hosting and digital asset mining company, is building a new 300- megawatt (MW) blockchain data center using “emissions-free power supplemented by renewable energy credits.” in Denton, Texas.
After completion, the new Core Scientific’s Denton data center will increase the total power capacity to more than 800MW while remaining 100% net carbon-neutral.
The company 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.
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