Core Scientific plans 1.5 GW gross at its Pecos campus, the Cottonwood bitcoin site pivots to AI/HDC

The April 2026 announcement converts the 2022-vintage, 300 MW Cottonwood 1 & 2 mining campus in Reeves County into a high-density colocation build: 1.5 GW gross / ~1.0 GW leasable, an additional 200+ acres acquired, an additional 300 MW utility contract, and a scalable behind-the-meter gas design.

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