{"id":43105,"date":"2021-05-25T09:59:15","date_gmt":"2021-05-25T06:59:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=43105"},"modified":"2025-08-31T02:09:34","modified_gmt":"2025-08-30T23:09:34","slug":"marathon-to-build-a-green-data-center-for-bitcoin-mining","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/marathon-to-build-a-green-data-center-for-bitcoin-mining\/","title":{"rendered":"Marathon to build a &#8216;green&#8217; data center for Bitcoin mining"},"content":{"rendered":"<p>American mining company Marathon Digital Holdings announced plans to build a data center in Texas with a capacity of 300 MW. The new facility is planned to be 70% carbon-neutral.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24MARA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MARA<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a><br \/>CORRECTION \u2014 Marathon Digital Holdings Announces Binding Letter of Intent with Compute North to Host 300-Megawatts of Bitcoin Mining at New Data Center<a href=\"https:\/\/t.co\/fuERBsL9tk\">https:\/\/t.co\/fuERBsL9tk<\/a><\/p>\n<p>\u2014 Marathon Digital Holdings (@MarathonDH) <a href=\"https:\/\/twitter.com\/MarathonDH\/status\/1396818192358678531?ref_src=twsrc%5Etfw\">May 24, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Compute North served as Marathon&#8217;s partner. As part of the agreement, the mining company obtained a short-term loan of up to $67 million for 18 months.\u00a0\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cNow we have provided economical hosting for all 103 120 of our previously purchased Bitcoin miners\u201d, \u2014 said Fred Thiel, the company\u2019s CEO.<\/em><\/p>\n<\/blockquote>\n<p>According to the press release, the company will host about 73,000 devices at the center. Electricity costs will be $0.0453 per kWh. Construction of the facility is slated to begin in October 2021.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cAfter we deploy the miners by the end of Q1 2022, our hashrate will be 10.37 EH\/s\u201d, \u2014 the statement said.<\/em><\/p>\n<\/blockquote>\n<p>Marathon noted that it intends to be 100% carbon-neutral in the long term.<\/p>\n<p>Shares in the company rose 10.82% over the last 24 hours.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/vxC2nFaKzFMVVAMA8O-VH1b0H5dSeWbA1trhdLUnPXo_4C7FINW4J91nFI10sj6xl0_fovOHNauqhxMiZJIRTIQ6_lls0osrY0hOuG1NIreoBFtuOBj-dka9EJoHS8TcZxpQq5-6\" alt=\"Marathon \u043f\u043e\u0441\u0442\u0440\u043e\u0438\u0442 \u00ab\u0437\u0435\u043b\u0435\u043d\u044b\u0439\u00bb \u0434\u0430\u0442\u0430-\u0446\u0435\u043d\u0442\u0440 \u0434\u043b\u044f \u043c\u0430\u0439\u043d\u0438\u043d\u0433\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430\"\/><\/figure>\n<p>G\u0438 \u0433\u043b\u0430\u0432\u0430 MicroStrategy \u041c\u0430\u0439\u043a\u043b \u0421\u044d\u0439\u043b\u043e\u0440 \u043e\u0442\u043c\u0435\u0442\u0438\u043b, \u0447\u0442\u043e \u043f\u0443\u0431\u043b\u0438\u0447\u043d\u044b\u0435 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u0438 \u043f\u043e \u0434\u043e\u0431\u044b\u0447\u0435 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430 \u00ab\u0432\u043e\u0437\u0433\u043b\u0430\u0432\u044f\u0442 \u0438\u043d\u0438\u0446\u0438\u0430\u0442\u0438\u0432\u044b ESG\u00bb \u0438 \u0443\u0441\u0442\u0430\u043d\u043e\u0432\u044f\u0442 \u0441\u0442\u0430\u043d\u0434\u0430\u0440\u0442\u044b \u043a\u0430\u0447\u0435\u0441\u0442\u0432\u0430 \u0434\u043b\u044f \u0434\u0440\u0443\u0433\u0438\u0445 \u043c\u0430\u0439\u043d\u0435\u0440\u043e\u0432 \u043f\u043e \u0432\u0441\u0435\u043c\u0443 \u043c\u0438\u0440\u0443.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Marathon is acting decisively to expand its US-based mining capacity in a carbon neutral fashion. Publicly traded Bitcoin miners like <a href=\"https:\/\/twitter.com\/search?q=%24MARA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MARA<\/a> are going to drive standards of excellence for other miners around the world &#038; lead the way on ESG initiatives. <a href=\"https:\/\/t.co\/jrnWnkxqjf\">https:\/\/t.co\/jrnWnkxqjf<\/a><\/p>\n<p>\u2014 Michael Saylor (@michael_saylor) <a href=\"https:\/\/twitter.com\/michael_saylor\/status\/1396818665794904066?ref_src=twsrc%5Etfw\">May 24, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier, BIT Mining Limited announced the construction in Texas of<a href=\"https:\/\/u1f987.com\/en\/news\/bit-mining-limited-to-invest-25-74-million-in-building-a-mining-center-in-texas\"> cryptocurrency mining center with a capacity of 57.2 MW<\/a>, of which 85% will be powered by clean and low-carbon energy.<\/p>\n<p>In May 2021, the publicly traded Argo Blockchain acquired<a href=\"https:\/\/u1f987.com\/en\/news\/argo-blockchain-buys-green-data-centres-for-mining-in-canada\"> two \u201cgreen\u201d mining centers<\/a> for Bitcoin mining in the Canadian province of Quebec.<\/p>\n<p>As of June 1, the New York-based Greenidge Generation<a href=\"https:\/\/u1f987.com\/en\/news\/greenidge-generation-to-become-carbon-neutral\"> fully neutralises the carbon footprint<\/a> from mining by purchasing CO2 offsets.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>American mining company Marathon Digital Holdings announced plans to build a data center in Texas with a capacity of 300 MW. The new facility is planned to be 70% carbon-neutral.<\/p>\n","protected":false},"author":1,"featured_media":43106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,1259,1185,26],"class_list":["post-43105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-ecology","tag-marathon-digital-holdings","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"31","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=43105"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43105\/revisions"}],"predecessor-version":[{"id":43107,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43105\/revisions\/43107"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/43106"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=43105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=43105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=43105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}