- Mara said that the capacity of Texas Wind Farm has a 240 -megawatt interconnection and a name of the 114 megawatt.
- Bitcoin Mining Company uses the site to reduce the cost of mining bitcoin.
Mara Holdings, a major Bitcoin (BTC) mining company and the world’s second largest trades in the world, has completed the acquisition of Wind Power Complex in Texas.
The company announced on Tuesday, February 18 that it has closed the acquisition contract of Hansford County -based wind farm.
In this latest expansion effort, Mara’s operation will benefit from 240 megawatt’s additional interconnection capacity. There is also a nameplate of 114 megawatt.
Mara Holdings Chairman and CEO of Fred Thiel, Fred Thiel, Fred Thiel, Fred Thiel, “The closure of this argument is an important milestone in the continuous transition of Mara as the asset base expands as the asset base expands. Said in the statement.
Expands the economic life of miners
According to Mara, the new site will use the last generation ASIC miner, which will be recorded or sold in the second market.
Now this hardware is changed and vitality. This means 100% regeneration and weather energy costs. It also means that mining companies can reduce production costs through vertical integration.
“With this additional renewable energy asset, Mara currently owns and operates the production capacity of 136 megawatts to strengthen our position in the entire energy generation and bitcoin mining process. The acquisition not only extends the economic life of ASIC miners, but also comes closer to achieving Net-Zero operating costs by causing a decrease in operating costs, ”said Thiel.
Mara Holdings chief financial officer Salman Khan added by mail for X.
“When pairs with Bitcoin mining, intermittent wind energy reduces grid congestion, activates regenerative assets, and extends the economic life of mining machines. Triple wins of miners, grids and wind producers. ”
Mara first announced the acquisition of Wind Power Complex in December 2024.
At the time, the company stated that the new site would expand the life of the Bitcoin Mining Hardware using the company’s high -end ASIC retirement initiative.