The Bitcoin miner will save energy and money by using excess wind power and recycled ASICs at its newly purchased facility in Texas.
MARA, the Nasdaq-listed cryptocurrency miner formerly known as Marathon Digital, has acquired a wind farm in Hansford County, Texas. The facility will see the first implementation of the company’s Advanced ASIC Retirement Initiative.
MARA announced a definitive agreement for the acquisition of the facility on Dec. 3. It has 114 MW of operational wind generation and 240 MW of interconnection capacity, that is, capacity that has not yet been connected to the power grid.
There is more than twice as much interconnection capacity as installed capacity in the United States, so the farm’s output would have likely been curtailed if it weren’t for MARA’s acquisition. Most interconnection capacity comes from alternative power sources.
