The North Texas city of Denton has been picked to be the site of a 300 megawatt blockchain data center by Core Scientific Holding Co. of Bellevue, Washington.
Core Scientific is a blockchain infrastructure and digital asset mining firm and an affiliate of Tenaska Energy Inc., the same company with a power plant operation in Southeast Oklahoma.
The construction of the Denton operation will use emissions-free power helped by renewable energy credits reported the Fort Worth Business Press.
Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain.
Click here for more from Fort Worth Business Press.