Core Scientific accelerates crypto-to-AI pivot, converts Bitcoin mine to gigawatt-scale token farm

Core Scientific is trading coins for tokens, revealing plans on Monday to convert a 300-megawatt bitcoin mining operation in Pecos, Texas, to an 1.5 gigawatt AI datacenter campus. Core Scientific is one of several companies racing to switch from crypto mining to token farming before the bubble bursts, and recently announced …

[Yet Another Anonymous coward]

...how exactly it intends to power the facility

If creating all these coins uses so much power, then destroying them must surely release it.

Our new business model will purchase worthless crypto-currency meme-coins, delete them and release the energy to generate vital cat pictures.

[JanMeijer]

headline?

Did you really quote 'Pepper' in the headline? That does bring back memories

[Bebu sa Ware]

Re: headline?

"Cinnamon and sugary and softly spoken lies" — Fair description of crypto and AI grift.

"Overview Energy to beam a gigawatt of solar power down from orbit"

"Some will die in hot pursuit while sifting through my ashes" — Careful where you point that thing.