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Core Scientific to Build 300MW Blockchain Data Center in Texas
The new data center will increase Core’s total power capacity to more than 800MW.
By Aoyon Ashraf
Updated May 11, 2023, 6:01 p.m. Published Oct 7, 2021, 4:49 p.m.
Core Scientific, the blockchain hosting and digital asset mining company, is building a new 300- megawatt (MW) blockchain data center in Denton, Texas.
- The company is building the data center 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,” the company said in a statement on Thursday.
- The 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.
- Recently, crypto mining firm Argo Blockchain said that it agreed to buy 20,000 mining machines for the data center it is building in West Texas. Argo said that by choosing the Texas location, it has been able to secure access to some of the “cheapest renewable energy worldwide.”
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French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
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