Aspen Creek Digital and Compass Mining to Host Thousands of Bitcoin Mining Rigs at Texas Solar Farm

On October 26, the bitcoin mining relation Aspen Creek Digital Corporation (ACDC) announced that the institution has commenced operations astatine its star farm-powered precocious show computing halfway (HPCC) successful Texas. ACDC further elaborate that the institution inked a woody with the steadfast Compass Mining successful bid to big 27 megawatts (MW) of capacity, which volition beryllium deployed successful the 4th fourth of this year.

Aspen Creek Digital and Compass Mining Announce Hosting Partnership

According to the bitcoin mining institution Aspen Creek Digital Corporation (ACDC), the firm’s 2nd HPCC has started operations successful Texas. ACDC and Compass volition beryllium collaborating astatine the facility, arsenic Compass plans to big 27 MW of capableness oregon astir 9,000 Bitmain-crafted application-specific integrated circuit (ASIC) bitcoin miners. The Texas-based HPCC is ACDC’s 2nd bitcoin mining information center, arsenic it operates a 6 MW installation tied to a star workplace successful westbound Colorado.

In September, ACDC raised $8 cardinal successful a Series A financing circular that was led by Galaxy Digital and Polychain Capital. ACDC’s announcement connected Wednesday details that the Texas HPCC is simply a 30 MW site. The installation tin big 10,000 ASIC bitcoin miners tethered to an 87 MW star farm. The institution elaborate connected Wednesday that the bitcoin miner has a 3rd task successful the works that is susceptible of 150 MW of capableness co-located with a 200 MW star farm.

The 3rd HPCC volition beryllium “operational by mid-2023,” ACDC explained. “Our ngo is to make a sustainable root of renewable vigor to powerfulness our operations and enactment renewables backmost connected the grid,” the CEO of ACDC, Alexandra DaCosta, said successful a statement. “We’re thrilled to spouse with Compass Mining to grow entree to renewably powered bitcoin mining,” the ACDC enforcement added.

Meanwhile, the quality follows reports of Compass Mining sunsetting the miner’s Georgia and British Columbia facilities. The reported sunsetting was reportedly told to Compass clients via email and according to Compass’s contented director, Will Foxley, Compass near the installation due to the fact that it “didn’t conscionable standards.” Foxley besides explained, and shared an update, that said Compass had a “new installation successful Texas with Compute North” that was “waiting for ERCOT to energize.”

The bitcoin mining cognition Compute North filed for Chapter 11 bankruptcy protection connected September 22, 2022. Two weeks ago, Whit Gibbs, the co-CEO of Compass discussed the motorboat of “At-Home” mining with Coindesk, and a report noted past August that the steadfast was “changing its course.” Thomas Heller, the co-founder and co-CEO of Compass Mining, explained connected Wednesday that the steadfast looks guardant to moving with ACDC.

“Compass Mining continues to question retired high-quality hosting providers specified arsenic ACDC that payment our mining clients’ uptime and reliability. ACDC’s pairing of low-cost, renewable vigor with mining operational excellence is hard to find successful today’s existent market. We’re pleased to enactment with their team,” Heller said during the announcement connected Wednesday.

What bash you deliberation astir ACDC partnering with Compass Mining and the latest star workplace task successful Texas? Let america cognize your thought astir this taxable successful the comments conception below.

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