Adam Sullivan

Adam Sullivan

Chief Executive Officer @ Core Scientific

About Adam Sullivan

Adam Sullivan is the President and CEO of Core Scientific, a company specializing in high-performance computing and data center hosting, with significant expansion in bitcoin mining capacity and technological infrastructure.

President and CEO of Core Scientific

Adam Sullivan serves as the President and Chief Executive Officer of Core Scientific. His role involves leading the strategic direction of the company, especially focused on expanding its data center hosting business. Under his leadership, Core Scientific leverages its expertise in high-value compute to offer services to customers in the rapidly growing High-Performance Computing (HPC) sector.

Core Scientific Data Center in Austin, TX

Core Scientific has leased a data center in Austin, TX, which was formerly operated by Hewlett Packard. This facility provides a basis for potential growth opportunities by expanding the company's infrastructure. The new contract aims to deliver up to 16 MW of capacity at the Austin data center to host CoreWeave’s infrastructure. The company expects this initiative to be accretive to its 2024 earnings.

Core Scientific Hosting CoreWeave

Between 2019 and 2022, Core Scientific hosted CoreWeave’s GPU processing hardware in its data centers. This arrangement highlights Core Scientific’s capability to manage high-performance computing workloads, an area where the company continues to focus its growth.

Core Scientific’s Data Center Infrastructure

As of January 31, 2024, Core Scientific operated seven data centers across five U.S. states. These data centers collectively offer a total operating capacity of 724 MW, with most centers having a minimum operating capacity of 100 MW. The facilities are strategically placed near major metropolitan areas with access to high-bandwidth telecommunications infrastructure, meeting the necessary requirements to support GPU cloud compute workloads.

Core Scientific Bitcoin Mining Capacity

Core Scientific’s growth plan includes the expansion of 372 MW of bitcoin mining infrastructure at two of its Texas data centers. This expansion will provide more than 20 exahash of mining capacity. The company’s self-mining business produced more bitcoin in 2021, 2022, and 2023 than any other listed bitcoin miner in North America, consistently delivering higher hash rate utilization than its North American peers.

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