Core Scientific to Convert Texas Mining Site Into 1.5GW AI Data Center Campus

Overview

• Core Scientific, which detailed the Pecos plan Monday, said the first data hall finished its foundation and early capacity is expected in 2027.
• The project targets about 1.5 gigawatts of total power with roughly 1 gigawatt offered for lease to AI customers.
• The company secured an additional 300 megawatts from its utility and is pursuing an on-site power source called behind-the-meter, though it has not disclosed the design.
• More than 200 acres of land have been secured to support the build-out of the Pecos campus.
• A planned $3.3 billion sale of senior secured notes due 2031 would fund data center growth across several states, reflecting a wider shift by bitcoin miners toward AI colocation.