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Riot Platforms initiated a large-scale, 1 gigawatt (“GW”) development to expand its Bitcoin mining and hosting capabilities (“the Expansion”) in Corsicana, Navarro County, Texas. The first phase of the Corsicana Facility will consist of 400 megawatts (“MW”), with self-mining and data center hosting operations expected to commence by the fourth quarter of 2023. After completing the first 400 MW phase of the Expansion, future capacity at the site will be expandable by an additional 600 MW to 1,000 MW, or 1 GW, via the 345 kV Navarro switch that is located approximately 1,250 feet away from the site.
Riot Blockchain (NASDAQ: RIOT) focuses on cryptocurrency mining of bitcoin. The Company is expanding and upgrading its mining operations by securing the most energy efficient miners currently available. Riot is headquartered in Castle Rock, Colorado, and the Company’s mining facility operates out of upstate New York, under a co-location hosting agreement with Coinmint.
Apr 15, 2024 | Posted by Abdul-Rahman Oladimeji | Texas
Samsung Electronics has announced it will invest $40 billion to build a semiconductor cluster across a number of locations in Texas with a $6.4bn in direct funding under the US Chips and Science Act to support the development. The Taylor fabs are expected to be up and running by 2026 and Samsu...
Feb 08, 2024 | Posted by Abdul-Rahman Oladimeji | Texas
Iris Energy and AI startup Poolside have gotten into an agreement to give the latter cloud access to Nvidia GPUs. According to Iris Energy, the initial contract is three months, with a potential three month extension. Daniel Roberts, co-Founder and co-CEO of Iris Energy, said: “We are pleased ...
Nov 17, 2023 | Posted by Abdul-Rahman Oladimeji | Texas
Data Clean Corporation has acquired Texas-based critical environment cleaning company Sealco LLC, marking its second acquisition since it was bought by Angeles Equity Partners in November 2022. Frank Spelman, managing director at Angeles Equity Partners said, “Sealco is arguably one of the mos...
Oct 09, 2023 | Posted by Abdul-Rahman Oladimeji | Texas
Smith County, Texas is giving its data center at 200 E. Ferguson Street, Texas, the Smith County Annex a $2 million upgrade. This upgrade scheduled to begin on November 1, 2023, is expected to be completed by December 20, 2024.The mission for this upgrade is focused on enhancing the IT infras...
Aug 03, 2023 | Posted by Abdul-Rahman Oladimeji | Texas
Energy company Valero's office and data center space is up for sale in Texas. Williams & Co Real Estate has the Valero Credit Card Ops Center at 7201 Canyon Drive in Amarillo listed for sale with a Triple Net Lease (NNN) tenant. The price listed is $6,295,000. The 2003-built, 34,585-square...