From Bitcoin to AI: Inside Core Scientific’s $10B Merger with CoreWeave and the Hyperscaler Boom
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From Bitcoin to AI: Inside Core Scientific’s $10B Merger with CoreWeave and the Hyperscaler Boom
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In this episode, I’m joined by Russell Cann, Chief Development Officer at Core Scientific. We dive deep into Core’s evolution from Bitcoin mining pioneer to AI infrastructure powerhouse — unpacking the CoreWeave partnership, the AI power boom, and how data centers are reshaping global energy and national security. This is a must-listen for anyone curious about where Bitcoin ends and AI begins.
Key topics include:
The power advantage Core Scientific holds through its owned substations and PPAs.
How AI’s explosive demand is reshaping energy investment worldwide.
Why Bitcoin mining taught data center agility that’s now critical for AI infrastructure.
The national security implications of compute power, data sovereignty, and AI’s role in the grid.
The coming coexistence and competition between AI compute and Bitcoin mining.
Cann’s warning that Bitcoin miners are shutting down in droves as AI becomes more profitable — and his call for ETFs and institutions to fund Bitcoin Core development to protect network security.
Finally, he reflects on how both AI and Bitcoin are catalyzing the next great wave of energy build-out, from nuclear SMRs to advanced transmission.
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