Langsung ke konten utama

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

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

Bitcoin miner Cleanspark has revealed the company is expanding operations in Texas with up to 500 megawatts (MW) of renewable power. The firm has inked a deal with the Houston-based Lancium to initially secure 200 MW of Lancium’s renewable power and has the option to obtain 300 MW more 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 add up to 500 MW of renewable power to fuel its bitcoin mining operations after partnering with the Texas energy firm Lancium. The announcement’s details explain that Cleanspark will obtain an initial 200 MW from Lancium’s data centers in West Texas and in the future, Cleanspark has the option to acquire 300 MW more from Lancium.

Cleanspark expects 50 MW of bitcoin mining will be operational by the year’s end and by spring 2023, it expects the remaining 150 MW to come online. “After completely using this capacity with the latest generation of bitcoin mining machines, Cleanspark will add an estimated 16.0 EH/s to its current forecasted hashrate of 4.0 EH/s — strengthening its position as one of the top bitcoin miners in North America,” the company’s announcement discloses.

“Our Clean Campuses provide a unique solution that will provide both green and low-cost power for customers that are interruptible and use large amounts of power,” Michael McNamara the CEO and co-founder of Lancium said in a statement. “Beyond the benefits to clients like Cleanspark, we believe the size of our renewably-powered Clean Campuses, when combined with Lancium Smart Response technology, provide additional benefits in terms of enhanced power grid stability and the further development of renewable energy.”

During the last year, concerns about environmental, social, and governance (ESG) criteria in regard to bitcoin’s environmental impact have grown significantly. In recent times, bureaucrats, corporate entities, and individuals have made a big deal about bitcoin being ESG friendly. For instance, the White House and the Office of Science and Technology Policy are currently seeking commentary from the public in regard to ESG issues and environmental concerns tied to crypto assets.

Cleanspark notes that as of February 28, the operation has 22,000 bitcoin mining rigs dedicating SHA256 hashrate to the network. Additionally, the firm has another 20,000 Bitmain S19 devices pending delivery.

What do you think about Cleanspark’s partnership with the energy firm Lancium? Let us know what you think about this subject in the comments section below.



source https://news.bitcoin.com/cleanspark-reveals-texas-expansion-bitcoin-miner-plans-to-add-500-mw-of-mining-power/
Label:

Komentar

Posting Komentar

Postingan populer dari blog ini

Spanish Treasury Secretary Says Cryptocurrencies Carry a ‘Risk of Default’, Repeats Bank of Spain’s Lack of Regulation Rhetoric

The government of Spain continues to harden its stance against widely adopting cryptocurrencies. The Spanish Secretary of State for the Economy recently expressed her concerns on risks that she thinks cryptos possess for the national economy. Secretary Doesn’t Like Bitcoin as It Cannot Be ‘Supervised or Sanctioned’ During the Online Fintech Summit 2021 , Ana de la Cueva said that cryptocurrencies such as bitcoin ( BTC ) carry “a risk of default, given that the user does not have the protection offered by traditional payment systems against a default by the counterparty.” In fact, the Secretary blasted off on the lack of a “centralized guarantee system” in bitcoin. Interestingly, at the beginning of her speech, De La Cueva mentioned that the cryptocurrency’s technology is based on blockchain. However, she later pointed out that there is no standard “clarity” on the nature of bitcoin. The Secretary repeated the same rhetoric of Spanish state entities on crypto assets, saying that th...
Posting Komentar
Baca selengkapnya

Barry Silbert Resigns as Chairman of Grayscale Investments

Digital Currency Group (DCG) founder Barry Silbert has resigned from his position as the chairman of Grayscale Investments. Current DCG chief financial officer Mark Shifke succeeds Silbert and is joined by Edward McGee and Matthew Kummell as members of the new look board. Preparing for Grayscale’s Next Chapter Barry Silbert, the founder and CEO of Digital Currency Group, has resigned from his position as chairman of the digital asset management company Grayscale and will be replaced by Mark Shifke. According to the company’s filing with the Securities and Exchange Commission (SEC), starting Jan. 1, 2024, Grayscale’s board will be composed of Mark Shifke, Matthew Kummell, and Edward McGee. Current Grayscale Investments CEO Michael Sonnenshein is also a board member, while Mark Murphy, the president of Digital Currency Group (DCG), departs alongside Silbert. Commenting on the changes to the board, an unidentified Grayscale spokeswoman reportedly said: “Grayscale and our investors ...
Posting Komentar
Baca selengkapnya

48 US Lawmakers Ask SEC Chair Gensler to Clarify Whether ETH Is a Security — Warn of ‘Negative Repercussions’

Forty-eight U.S. lawmakers have sent a letter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler asking him to clarify whether ether is a security. “The negative repercussions of the SEC implicitly or directly classifying ETH as a digital asset security will cascade throughout the digital asset marketplace both in the short and long […] source https://news.bitcoin.com/48-us-lawmakers-ask-sec-chair-gensler-to-clarify-whether-eth-is-a-security-warn-of-negative-repercussions/
Posting Komentar
Baca selengkapnya