Leading Bitcoin Miner GDA Plans Mining Expansion to 400 MV Leveraging Renewables

Genesis Digital Belongings (GDA), one of many world’s largest Bitcoin mining firms, has introduced plans to increase its just lately launched Texas information centre to 400 megawatts. The formidable part two scaling highlights GDA’s dedication to Texas as a mining hub, leveraging the state’s renewable vitality and pro-innovation insurance policies.

GDA’s Rowdy Knowledge Middle in Vernon is at the moment operational at 60 MW, supported by the Oklaunion Substation. The location advantages from substantial native wind energy and is positioned close to Vernon metropolis in Wilbarger County.

The information centre makes use of grid energy with renewable vitality sources for its operations. “GDA’s enterprise is a pure match for the Oklaunion Energy Station,” stated Tom Walker, Chairman of OPS Board. “This undertaking clearly demonstrates that Bitcoin mining creates fully new dynamics for the vitality business.”

The Rowdy Knowledge Middle repurposes the retired Oklaunion Energy Station, bringing again dozens of jobs misplaced when the plant closed in 2020. To date, GDA’s operations have generated 12 everlasting and 150 development jobs.

“Texas has emerged as a number one hub for native help and renewable vitality sources, and the Rowdy information centre is a very necessary location for our operations,” stated GDA CEO Andrey Kim.

The corporate goals to bolster the Bitcoin community’s robustness and safety by scaling and innovating mining infrastructure and using renewable vitality sources.