February 1, 2023

Core Scientific Launches Kentucky's Big Mining Center

Core Scientific announced the launch of a large mining center with a capacity of 125 MW in the city of Culver City American state of Kentucky.

Mostly they get ether in the center, but besidesETH mining equipment in the territory of the former steel mill also hosted ASIC devices for mining bitcoin and equipment for mining other cryptocurrencies.

“Core Scientific breathed new life intosteel mill closed in 2016. Our goal is to provide an optimal platform for hosting the latest generation of blockchain servers. We designed buildings to ensure high heat dissipation. Already now we have servers with a capacity of 30 MW, and at any time we can place equipment with a capacity of up to 125 MW, ”the company’s press release says.

Although Ethereum is now working on Proof-of-Work(PoW), next year the network plans to switch to Proof-of-Stake (PoS), after which ETH production will be stopped. According to researchers at the Binance exchange, the transition to a new consensus method will affect the entire industry.

In late October, the US Federal Energy Regulatory Commission (FERC) approved a project to transform a Montana power plant over 110 years old into a cryptocurrency mining center.