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Operated by:
Primary tenant is Marathon Digital.
The 29-acre TIER 0 facility in McCamey can be scaled up to 280 MW and will provide the co-located wind park with a guaranteed power off-take, thus eliminating the need to curtail production during peak generation. According to the company, this is the first behind-the-meter wind project of its kind.
The exclusive customer of the new facility will be Marathon Digital Holdings Inc (NASDAQ:MARA). The latter’s ASIC bitcoin miners will conduct onsite computing operations that convert power directly into a digital and transferrable store of value on the Bitcoin network.
| Distance | Site | About |
|---|---|---|
| 0.04 miles | Compute North: Upton County, McCamey, TX |
The Compute North Upton County facility is a 280 MW bitcoin mining operation near McCamey, Texas.
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Hut 8 is one of North America's oldest, largest and most innovative digital asset miners in the world. Hut has one of the highest installed capacity rates in the industry and is the largest holder of self-mined Bitcoin of publicly traded companies globally.
Jan 31, 2022 | Posted by Eric Bell | Hut 8 Mining
TORONTO, Jan. 31, 2022 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or "the Company"), one of North America's largest, innovation-focused digital asset mining pioneers, supporting open and decentralized systems since 2018, is pleased to announce the closing of its defini...