Full-Time
Posted on 4/25/2025
Bitcoin mining and hosting solutions provider
No salary listed
Mid
Denton, TX, USA
Occasional travel between data centers
Core Scientific focuses on bitcoin mining and digital infrastructure, providing hosting solutions and developing optimized infrastructure for digital applications. The company uses specialized computers called Application Specific Integrated Circuits (ASICs) to solve cryptographic algorithms that validate Bitcoin transactions. Core Scientific stands out by quickly deploying infrastructure, catering to a diverse clientele from individual miners to large institutions. Its goal is to support the growth of blockchain technology and digital assets through reliable and scalable services.
Company Size
201-500
Company Stage
IPO
Headquarters
Austin, Texas
Founded
2017
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Health Insurance
Paid Sick Leave
Paid Holidays
Disability Insurance
As part of its HPC hosting shift, Core Scientific inked a deal in February with AI startup CoreWeave for a $1.2 billion data center expansion.
Cryptocurrencies and crypto-linked stocks have reportedly slumped alongside the SP 500 Index amid traders’ concerns about a global trade war and a possible recession. Bitcoin has lost more than 10% of its value and Ether has lost more than 45% since the beginning of the quarter, Bloomberg reported Monday (March 31). The report added that four crypto industry stocks — Coinbase, Riot Platforms, Core Scientific and Galaxy Digital — have dropped below where they were on the day of the election of President Donald Trump
Despite these challenges, CoreWeave had secured a long-term contract with Core Scientific last year, betting big on AI and high-performance compute infrastructures to diversify their revenue streams.
Core Scientific, Inc. (CORZ), a provider of digital infrastructure for high-performance computing (HPC) and bitcoin miner, has announced the appointment of Jim Nygaard as its new chief financial officer, effective Mar. 17.
Core Scientific secured $625 million through a convertible note offering.