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Genesis Digital Assets announces new data center in Texas
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Major U.S.-based Bitcoin (BTC) mining firm Genesis Digital Assets is building a new data center in West Texas.
According to the firm’s Nov.1 announcement, the new industrial-scale BTC mining data center will have a capacity of 300 megawatts and will operate using unspecified “sustainable infrastructure.” Its energy will be sourced from the Electric Reliability Council of Texas (ERCOT).
As part of the announcement, Genesis co-founder and executive chairman Abdumalik Mirakhmedov emphasized that “sustainability” is a key part of the firm’s plans for “rapid expansion.”
ERCOT supplies more than 26 million customers in Texas with electricity. As of April this year, 42% of its energy supply was sourced from wind and solar.
Genesis is one of the
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