Core Scientific is moving to transform its Pecos, Texas facility into a large-scale artificial intelligence data center campus, marking a major strategic shift beyond crypto mining.
Summary
Core Scientific will convert its Pecos Bitcoin mining site into an AI data center hub.
The project could reach up to 1.5GW capacity, with ~1GW available for leasing.
Around 300MW of mining power will be redirected toward AI workloads.
The company said the planned campus could deliver as much as 1.5 gigawatts of total power capacity, with a significant portion allocated for high-density colocation services to meet rising AI computing demand.
To support this transition, Core Scientific will repurpose roughly 300 megawatts currently used for Bitcoin mining, redirecting that energy toward AI-focused infrastructure. Construction is already underway, with the first data hall foundation completed and vertical development now beginning. Initial capacity is expected to come online by 2027.
CEO Adam Sullivan said the company is leveraging its in-house expertise to scale next-generation AI infrastructure efficiently.
Expansion backed by power and land
Core Scientific has secured an additional 300MW through utility agreements and is exploring behind-the-meter power solutions to support future growth. It has also acquired over 200 acres of land near the Pecos site to expand the campus footprint.
The company recently announced plans to raise $3.3 billion via senior secured notes to fund further data center expansion across multiple U.S. states, including Texas, Georgia, North Carolina, and Oklahoma.
Industry-wide shift toward AI
Core Scientific’s pivot reflects a broader trend among mining firms seeking new revenue streams as margins tighten. Rising energy costs and evolving market conditions have pushed several players to explore AI and high-performance computing.
Companies like MARA Holdings, Hive, Hut 8, TeraWulf, and Iren have all begun repurposing mining infrastructure for AI-driven operations.
Bottom line
As demand for AI computing surges, crypto miners are increasingly repositioning themselves as infrastructure providers. Core Scientific’s 1.5GW data center plan highlights how the industry is evolving beyond Bitcoin mining into broader high-performance computing services.
