Genesis Digital Assets expands hash rate capacity
Genesis Digital Assets (GDA), a major Bitcoin mining company, announced that it will expand its hash rate capacity by 1 EH/s by accessing 36 MW of power from the Tarbush data center in West Texas. GDA, operating since 2013 with 19 facilities worldwide, has partnered with Lonestar Dream, a developer of immersion cooling systems, to operate the Texas site.
GDA and Lonestar Dream partnership
This collaboration marks GDA's sixth expansion in Texas, attracted by the state's renewable energy resources and adaptable electric grid.
Texas as a pioneer in renewable energy
Texas, known for its oil history, is now a leader in renewable energy, with ERCOT (Electric Reliability Council of Texas) leading the US in renewable energy production. On certain days, sustainable sources such as wind and solar have provided 75% of Texas' energy needs.
GDA's commitment to renewable energy
GDA reiterates that its commitment to renewable energy complements its use of advanced Bitcoin mining technology for efficient operations.
More information about GDA
For more information about GDA, visit their official website.
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