Aspen Creek Digital Corporation (ACDC), a renewable bitcoin mining operator, announced today that its second high performance computing center (HPCC) in Texas has begun operations. The 30MW data center can house 10,000 ASIC miners and is linked behind-the-meter to a new 87MW solar farm.
This project provides the Electric Reliability Council of Texas (ERCOT) with additional power generating resources as well as useful regulated load resources that extend the reach of renewables by stabilizing the system.
ACDC has signed a hosting deal with Compass Mining to host 27MW of capacity at the plant, which will be operational in Q4 2022. Compass Mining is a bitcoin-first, proof-of-work mining firm on a goal to enhance Bitcoin’s network by democratizing hash rate by making mining devices easy to acquire and install for institutional and retail clients. The ACDC facility will be one of the largest renewable-energy facilities currently hosting Compass Mining client units.
ACDC reported earlier this year that its first bitcoin mining facility, a 6MW High-Performance Computing Cluster (HPCC) co-located behind-the-meter with a 10MW solar farm, has begun operations in west Colorado. ACDC announced a $8 million Series A fundraising round headed by Galaxy Digital and Polychain Capital in late September.
ACDC’s third project, which will be operational by mid-2023, is a 150MW HPCC co-located behind-the-meter with a 200MW solar farm.
Alexandra DaCosta, CEO of ACDC, said:
“Following our successful Series A funding, we’re excited to announce even more growth. We are working hard to build the world’s leading fleet of renewably powered data centers by implementing our 3GW+ pipeline of wind, solar and battery generation by 2025.
“Our mission is to create a sustainable source of renewable energy to power our operations and put renewables back on the grid. We’re thrilled to partner with Compass Mining to expand access to renewably powered Bitcoin mining.”
Thomas Heller, co-founder and co-CEO of Compass Mining, added:
“Compass Mining continues to seek out high quality hosting providers such as ACDC that benefit our mining clients’ uptime and reliability. ACDC’s pairing of low cost, renewable energy with mining operational excellence is difficult to find in today’s current market. We’re pleased to work with their team.”
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Source: Igaming
