Core Scientific has announced a significant expansion in Denton, Texas. This expansion will see the construction of a 300- megawatt (MW) blockchain data center, and is in association with Tenaska Energy.
This announcement was made in a statement by the company on Thursday, which outlined that the facility will push the company’s total power capacity to over 800MW. It will also be 100% net carbon-neutral through using emissions-free power “supplemented by renewable energy credits.”
Mike Levitt, Chief Executive Officer of Core Scientific, commented: “Denton represents our first blockchain data center in Texas and gives us another opportunity to demonstrate our team’s ability to scale rapidly to meet the increasing demand for secure blockchain infrastructure hosting services and digital asset mining."
He added: “We believe that blockchain technology will play an increasingly important role in global commerce and serve as an important driver of emission-free energy demand. We are grateful to Mayor Hudspeth, the Denton City Council and Tenaska for their support and forward-looking embrace of this project. The Core Scientific team looks forward to building a strong, long-term relationship with members of the Denton community while continuing to create value for all of our stakeholders.”
