Summary
TLDR: Genesis Digital Assets (GDA) will gain access to 36 MW of power from the Tarbush data center in West Texas, adding 1 EH/s to its total hash rate capacity. This expansion is part of GDA’s continued growth in Texas due to the state’s abundance of renewable energy. GDA is committed to using renewable energy and advanced technology for efficient bitcoin mining operations.
Key Points
1. Genesis Digital Assets (GDA) has gained access to 36 MW of power from the Tarbush data center in West Texas, adding 1 EH/s to its total hash rate capacity.
2. GDA has entered into a strategic hosting arrangement with Lonestar Dream, developer of immersion cooling systems for bitcoin mining devices, to run the Tarbush operation.
3. Texas, particularly the ERCOT West Hub, is well-suited for renewable energy production, with wind and solar resources meeting a significant portion of the state’s energy demand.