Compute North Reveals Bitcoin Miner Is Building a 300 MW Data Center in Texas – Mining Bitcoin News

The bitcoin mining operation Compute North has announced it is in the midst of constructing a 300-megawatt 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.On April 8, the blockchain infrastructure and hosting services providerannounced the launch of a new 300-MW bitcoin mining facility in Texas.

The Eden Prairie, Minnesota-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.

Additionally, the new Compute North data center aims to hire “30 skilled positions for the facility.” Granbury’s City Manager, Chris Coffman, looks forward to the mining company bringing jobs into the area. “Granbury is excited to have a new employer in the neighborhood. Not only will Compute North bring quality jobs to our area, but they also bring an engaged corporate partner by supporting existing non-profits and being part of the community,” Coffman said in a statement on Friday.

“We are developing the next generation of data centers meeting the unprecedented needs of next-generation technology at a time when the demand for energy efficiency and stabilizing the energy grid has never been higher,” Perrill said during the announcement. “We are committed to continued innovation to support timely demand response solutions, and we work closely with our energy partners to support local energy dynamics.

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mining in 2022? Sounds like a dull idea that is bound to go nowhere if you ask me, I'd rather go with something like cyberhaus as they are into the metaverse and projects that build the future

Discusting the waste of energy. Switch to POS

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I am turning to $PKR of Polke as the Crypto Gaming token to ape, considering its intention to support the next-gen with 3D characters, visual effects, & more.

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