C
ore Scientific is moving forward with plans to transform its Bitcoin mining operation in Denton into a massive $4 billion data center project. The Austin-based tech company has secured city council approval for the redevelopment and 43-acre expansion at 8171 Jim Christal Road, according to the Dallas Morning News.

    As part of its push into AI technology after emerging from bankruptcy earlier this year, Core Scientific will convert its entire facility into high-performance computing space dedicated to artificial intelligence. This will double the existing footprint by 43 acres. The company will pay $5 million to Denton as part of the deal, and the first phase of the data center conversion is expected to be completed late next year.

    The project includes a partnership with cloud-computing company CoreWeave to enhance Core Scientific's AI computing capabilities. Despite the significant investment, Core Scientific has not requested tax incentives or abatements from the City of Denton, instead focusing on expanding its infrastructure to support growing demand for high-performance computing.

    By expanding the facility, Core Scientific will add 72 megawatts of power capacity and cement North Texas as one of the nation's leading data center hubs. The planned transformation is part of a larger trend in the region, with other major data center projects underway, including Google's $600 million facility in Red Oak and Prime Data Centers' $3 billion investment in southwest Fort Worth and Garland.