Cleanspark Reveals Texas Expansion — Bitcoin Miner Plans to Add 500 MW of Mining Power

Bitcoin miner Cleanspark has revealed the institution is expanding operations successful Texas with up to 500 megawatts (MW) of renewable power. The steadfast has inked a woody with the Houston-based Lancium to initially unafraid 200 MW of Lancium’s renewable powerfulness and has the enactment to get 300 MW much going forward.

Cleanspark Reveals Plans to Expand to the Lone Star State, Firm Partners With Texas Energy Firm Lancium

On Thursday, the Nevada-based Cleanspark revealed plans to adhd up to 500 MW of renewable powerfulness to substance its bitcoin mining operations aft partnering with the Texas vigor steadfast Lancium. The announcement’s details explicate that Cleanspark volition get an archetypal 200 MW from Lancium’s information centers successful West Texas and successful the future, Cleanspark has the enactment to get 300 MW much from Lancium.

Cleanspark expects 50 MW of bitcoin mining volition beryllium operational by the year’s extremity and by outpouring 2023, it expects the remaining 150 MW to travel online. “After wholly utilizing this capableness with the latest procreation of bitcoin mining machines, Cleanspark volition adhd an estimated 16.0 EH/s to its existent forecasted hashrate of 4.0 EH/s — strengthening its presumption arsenic 1 of the apical bitcoin miners successful North America,” the company’s announcement discloses.

“Our Clean Campuses supply a unsocial solution that volition supply some greenish and low-cost powerfulness for customers that are interruptible and usage ample amounts of power,” Michael McNamara the CEO and co-founder of Lancium said successful a statement. “Beyond the benefits to clients similar Cleanspark, we judge the size of our renewably-powered Clean Campuses, erstwhile combined with Lancium Smart Response technology, supply further benefits successful presumption of enhanced powerfulness grid stableness and the further improvement of renewable energy.”

During the past year, concerns astir environmental, social, and governance (ESG) criteria successful respect to bitcoin’s biology interaction person grown significantly. In caller times, bureaucrats, firm entities, and individuals person made a large woody astir bitcoin being ESG friendly. For instance, the White House and the Office of Science and Technology Policy are currently seeking commentary from the nationalist successful respect to ESG issues and biology concerns tied to crypto assets.

Cleanspark notes that arsenic of February 28, the cognition has 22,000 bitcoin mining rigs dedicating SHA256 hashrate to the network. Additionally, the steadfast has different 20,000 Bitmain S19 devices pending delivery.

What bash you deliberation astir Cleanspark’s concern with the vigor steadfast Lancium? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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