Core Scientific, which has operations in five U.S. states, mines for bitcoin and other cryptocurrencies.
Sector: Technology
Industry: Software - Infrastructure
Full Time Employees: 325
Founded in 2017 by Darin Feinstein and Mike Levitt
Headquartered in Dover, Delaware
- IPO:
21 July 21 via a merger with a blank-check company Power & Digital
Infrastructure Acquisition Corp (XPDI) backed by BlackRock Inc (BLK), in
a deal that values the cryptocurrency miner at $4.3 billion.
- 2021: Core was one of the largest publicly traded crypto mining firms in the U.S.
- Filed for bankruptcy in December 2022; relisted January 24, 2024
One month later: Sep 16, 24
Sep 16, 24
Core Scientific’s 104 megawatt Bitcoin mining data center in Marble, North Carolina