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CORE Scientific, CORZ, wanted to Power World’s New Financial System, Reshape Our Institutions, make them Fair, Inclusive and Sustainable, Declares Bankruptcy, Big Hype Bites The Dust, Crypto is Corrupt

 

 

Infrastructure to Power the World’s New Financial System 

A leader in high performance, blockchain infrastructure, and software solutions 

 

Fully integrated self-mining operation focused on the next generation of digital assets. 

We mine digital assets because we believe blockchain is more than just another disruptive technology. It’s an opportunity to reshape our institutions to be more fair, inclusive, and sustainable. 

 

And Then This Happened!  

 

Core Scientific, Inc., et al. 

Case Number: 22-90341 (DRJ) 

Southern District of Texas 

 

 

 

Debtors
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Purpose-built development and operation infrastructure for blockchain computing. 

We design, own, and operate best-in-class facilities and electrical infrastructure with the goal of enabling a more sustainable digital world. Our industry-leading designs allow our hosting customers and self-mining fleet to maximize hashrate, extend equipment life and minimize downtime. 

Building Scaled Infrastructure 

Our purpose-built facilities provide best-in-class infrastructure for your hardware. Strategically located in Georgia, Kentucky, North Carolina, North Dakota, and Texas, our sites are optimized for the unique requirements of mining hardware, including energy pricing (through long-term power contracts at low, stable rates), geopolitical and regulatory stability, extreme weather, and natural disaster mitigation. 

 

 

Fully managed hosting solutions for digital asset mining, blockchain applications, and AI. 

We understand that the stability and predictability of a hosting partner are requirements for sustained, long-term digital asset mining success. Core Scientific provides the credibility and stability necessary to help maximize digital asset mining profitability. 

 

Developing next-generation technology to optimize and serve digital asset mining. 

We power and secure blockchain networks and protocols as a proof-of-work miner, proof-of-stake validator, or on-chain keeper. 

 

Uptime 

Our industry-leading in-house management and monitoring solution, Minder™, combines our hosting expertise with data analytics to maximize uptime, and ensure continuous alerting, monitoring, and management. Our custom firmware and optimization suite increases hashrate while minimizing power consumption resulting in improved profitability and equipment longevity. 

 

Service 

Our proprietary management software and skilled team enable a streamlined setup, allowing us to get your machines up and mining faster. Our facilities are staffed day and night with our highly trained operations team members, who are focused on maintaining and protecting your hardware. Our team receives customized, ongoing training from the hardware manufacturers. Dedicated customer maintenance is performed at the rack and our facilities feature on-site repair centers. We can deploy 2MW per day per site. 

 

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