Bolt Data Partners with TPL to Develop data Center Campuses Across West Texas
December 18, 2025
West Texas
Situated within the Astra Wind Farm in Randall County, Texas, USA, the Alborz Data Center stands as a 40 MW facility dedicated to Bitcoin mining operations.
Canaan Inc. is a vertically integrated crypto mining company. Founded in 2013, Canaan is best known as a manufacturer of Avalon-branded bitcoin mining hardware (ASICs) and has expanded into operating its own bitcoin mining data centers. In February 2026, Canaan acquired Cipher's 49% stake in the Alborz, Bear, and Chief joint-venture mining sites in West Texas, along with select bitcoin mining equipment from Cipher's Black Pearl facility, in an approximately $40 million all-stock transaction.
December 18, 2025
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