Core Scientific to Develop 300MW Blockchain Data Center using Emissions-Free Power

Core Scientific Holding Co., announced an agreement with the City of Denton, Texas and an affiliate of Tenaska Energy, Inc. to develop a 300MW blockchain data center in Denton, 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.

“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,” said Mike Levitt, Chief Executive Officer of Core Scientific.

“We are honored to have been selected as the site of Core Scientific’s first blockchain data center in Texas,” said Denton Mayor Gerard Hudspeth. “The company’s commitment to 100% net carbon-neutral operations aligns well with the goals of the Denton Renewable Resource Plan and the long-term interests of our citizens."

“Core Scientific’s scale and professionalism distinguish it in the blockchain infrastructure industry,” said Chris Hemschot, Director, Origination, Tenaska. “Recognizing the need to interconnect quickly and efficiently to the ERCOT grid makes this a great fit for Tenaska’s engineering and power optimization teams."