Bitcoin miner Core Scientific says CoreWeave exercising option for 70 MW of additional infrastructure | Headlines | News | CoinMarketCap
06/25/2024 22:11Core Scientific has announced it will supply an additional 70 MW to host CoreWeave’s high-computing operations. "Under the terms of today’s …
Core Scientific has announced it will supply an additional 70 MW to host CoreWeave’s high-computing operations.
"Under the terms of today’s announced agreement, Core Scientific will modify a total of 100 MW of its owned infrastructure to deliver approximately 70 MW to host CoreWeave’s NVIDIA GPUs for [high-performance computing] operations," the company said in a statement on Tuesday.
CoreWeave decided to exercise its first option to contract for additional infrastructure under the terms of a 12-year, 200 MW, deal signed earlier this month. "All capital investments required to modify Core Scientific’s existing infrastructure ... will be funded by CoreWeave," it said.
"Core Scientific is well positioned to design for the future and build application-specific data centers (ASDCs), which …