Core Scientific reported the minting of 1,044 bitcoins in December 2021, contributing to a total of 5,769 bitcoins for the entire year, marking a 350% year-over-year increase. The company operated approximately 67,000 ASICs, achieving 6.6 EH/s at year-end and anticipates an additional 100,000 ASICs in 2022. Core Scientific also provided hosting for over 80,000 ASICs, representing 6.9 EH/s of the Bitcoin Network. As part of its merger with XPDI (Nasdaq: XPDI, XPDW, XPDIU), a special meeting for stockholder approval is set for January 19, 2022.
Core Scientific, a leader in blockchain infrastructure, announced a partnership with the City of Denton, Texas, and Tenaska Energy to develop a 300MW blockchain data center. This facility, powered by emissions-free energy, will enhance Core Scientific's total capacity to over 800MW, maintaining 100% net carbon neutrality. The project is expected to create jobs and support the demand for renewable energy, demonstrating Core Scientific's scalability in the digital asset mining sector. CEO Mike Levitt highlighted the company's commitment to sustainable practices and community engagement.
Core Scientific Holding Co. announces a partnership with Atlas Mining to host a substantial number of Bitcoin miners requiring over 100 MW of power. The installation will unfold over 15 months. This collaboration highlights Core Scientific's expertise in customizable infrastructure and commitment to net carbon neutrality. The company operates data centers in North Carolina, Kentucky, and Georgia, with a new facility set to launch in North Dakota. The merger with Power & Digital Infrastructure Acquisition Corp. (XPDI) is in progress and aims for public listing.