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Core Scientific

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News :

Core Scientific Announces August 2024 Production and Operations Updates
  • ENERGY

    We Transform Energy into High-Value Compute

    That’s how we accelerate digital innovation.

  • BITCOIN

    A Leader in Bitcoin Mining

    We are one of the largest bitcoin miners in North America, and we also host miners for select customers.

  • SCALE

    Operating at Scale is Hard

    Managing multiple data centers across multiple states is only possible when you know how…we do!

Building one of the largest bitcoin mining operations in North America demonstrated our ability to scale compute quickly and effectively. Our team brings expertise in data center design and management, technology development, power and more to transform energy into high-value compute with superior efficiency at scale.

History

Our History

Early on, our founders recognized the potential for Bitcoin and other digital innovations to transform the way people pay, save and transact value, and they understood the value of scale.

Since then, we’ve been scaling our operations, becoming the first digital asset miner in North America to achieve 100, 250 and 500 megawatts of operating capacity and one of the largest bitcoin miners in North America. We’ve built a team with extensive experience from the data center industry to scale our operations and deliver multiple forms of high-value compute efficiently.

  • 2017

    Core Scientific was founded. Purchased first data center.

  • 2018

    Opened Marble, NC and Dalton, GA data centers

  • 2019

    Opened Calvert City, KY data center. Achieved 100 MW total operating capacity. Opened dedicated tier III GPU hosting data center.

  • 2021

    Opened Grand Forks, ND data center. Opened second Dalton, GA data center. Achieved 250 MW total operating capacity.

  • 2022

    Opened Denton, TX and Pecos, TX data centers. Achieved 500 MW total operating capacity. First to mine 50 Bitcoin in a single day.

  • 2023

    first bitcoin mining fleet management software capable of managing 1 million miners.

Distributed Operations

We operate a distributed network of data centers across varied operating environments to maximize operational availability and secure access to high power infrastructure.

Dalton, Georgia
Dalton, Georgia

Year Began Mining

2018

→
Calvert City, Kentucky
Calvert City, Kentucky

Year Began Mining

2019

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Marble, North Carolina
Marble, North Carolina

Year Began Mining

2018

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Grand Forks, North Dakota
Grand Forks, North Dakota

Year Began Mining

2021

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Pecos, Texas
Pecos, Texas

Year Began Mining

2022

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Denton, Texas
Denton, Texas

Year Began Mining

2022

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Austin, Texas
Austin, Texas

Year Began Mining

2024

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Dalton, Georgia
Dalton, Georgia

Mining Capacity

2018

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DIGITAL ASSET

Bitcoin Mining

Bitcoin mining involves deploying special computers performing trillions of calculations a second to solve complex mathematical puzzles and seek bitcoin as the reward.

Mining bitcoin at scale is a form of high-value compute that requires high power, maximum uptime and high operating efficiency. We’ve been mining bitcoin at scale for years and have become one of the largest in North America, setting the pace for our industry.

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Self Mining Self Mining
Hosting Solutions

Premium Hosted Mining

Hosting Solutions

Self-mining and hosted mining are operationally identical. The same infrastructure we use to self-mine supports bitcoin miners from our customers, all of whom have been vetted for financial strength through a rigorous KYC process.

In some cases, we share bitcoin rewards with our customers, after receiving payment for our services. We offer premium, turnkey hosting services that deliver the same high uptime and efficiency to ensure our customers achieve maximum return on their investments.

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Supporting the Grid

Helping the Grid Operate More Efficiently

Delivering 24/7, high-value compute requires continuous access to power – each of our data centers draws at least 100 megawatts.

By connecting to the local grid in each location, we provide steady, predictable demand that helps grid operators perform more efficiently, upgrade their distribution infrastructure and even reduce power costs to our neighbors. What’s more, our operations can help support increased renewable energy generation and we can power-down our operations when our neighbors need more power for their air conditioning during the heat of summer.

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Energy Support
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Supporting our Neighbors

Core Scientific's
Local Role

The communities in which we operate provide us with the talent to operate our data centers and rely on us to support their local grids. We participate in local events, contribute to local small businesses and even help reduce the cost of power to our neighbors. We are also mindful of our impact on the environment, minimizing water use in our operations and taking advantage of a growing mix of renewable energy used by our neighbors.

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Innovating Future Tech

Technology Development

Innovating Future Tech

As a technology-driven company, we built a dedicated technology development team that has delivered unique firmware, fleet management and power management solutions to support operations.

These solutions enable us to operate one of the largest, highest uptime and most geographically distributed fleets in our industry.

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MISSION AND VISION

Shaping Digital Futures

Our mission is to accelerate digital innovation by scaling high-value compute rapidly, efficiently and responsibly. We believe that society is poised for a new, quantum leap in digital innovation, one that will deliver more benefits to people around the world. We create the “digital nursery” in which new models and applications can take root and grow, delivering new capabilities to an ever-expanding digital world. By executing our strategy effectively, we can help achieve our vision: building a better future by accelerating digital innovation.

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Mission and Vision Mission and Vision

Interested in learning how you can help us accelerate digital innovation?
Check out our job openings here.

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