Compute North Reveals Bitcoin Miner Is Building a 300 MW Data Center in Texas – Mining Bitcoin News - BitcoinEthereumNews.com
The bitcoin mining operation Compute North has anounced it is in the midst of constructing a 300-megawatt (MW) data center in Granbury, Texas. According to the mining firm, the data center located near Wolf Hollow Power Plant will be scalable up to 600 MW going forward. 300 MW of Capacity to Start, 600 MW in the Future On April 8, the blockchain infrastructure and hosting services provider คำนวณภาคเหนือ anounced the launch of a new 300-MW bitcoin mining facility in Texas. The TIER 0 data center will be located near Wolf Hollow Power Plant and eventually, the company aims to scale the facility to 600 MW. Furthermore, Compute North will be providing grid-balancing services to the Energy Reliability Council of Texas (ERCOT). The Eden Prairie, Minesota-based Compute North recently secured $385 million in funding to scale the company‘s operations. The Series C private equity investment was co-led by the energy and commodity firm Mercuria, and the sustainable energy investment firm Generate Capital. National Grid Partners also participated in Compute North’s Series C financing round. According to the firm, the companys TIER 0 data center provides “the ability to respond quickly during times of peak demand that stress the grid.” Additionally, the new Compute North data