{"id":52149,"date":"2021-11-02T09:12:23","date_gmt":"2021-11-02T07:12:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52149"},"modified":"2025-09-03T08:49:33","modified_gmt":"2025-09-03T05:49:33","slug":"genesis-digital-to-build-a-new-300-mw-mining-centre-in-texas","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/genesis-digital-to-build-a-new-300-mw-mining-centre-in-texas\/","title":{"rendered":"Genesis Digital to Build a New 300 MW Mining Centre in Texas"},"content":{"rendered":"

American mining company Genesis Digital Assets announced<\/a> the start of construction of a new Bitcoin mining center in West Texas, United States, with a capacity of 300 MW.<\/p>\n

40% of the planned output will be supplied by the Electric Reliability Council of Texas from wind- and solar-generated electricity.<\/p>\n

\n

\u201cWe are committed to <\/em>ESG<\/em><\/a> obligations as we continue the expansion,\u201d<\/em> \u2014 said the co-founder and CEO Abdumalik Mirahmedov.<\/p>\n<\/blockquote>\n

Currently, Genesis Digital Assets’ hashrate stands at 3.8 EH\/s. The company aims to increase this to 9.4 EH\/s over the next 12 months and to raise installed capacity to 1.5 GW by the end of 2023.<\/p>\n

In September, Genesis Digital Assets raised $431 million<\/a>.<\/p>\n

Earlier the firm struck a strategic partnership with Chinese mining equipment manufacturer Canaan. Under the agreement for $94 million<\/a> to purchase Bitcoin mining devices.<\/p>\n

In June, the company expanded its cooperation and signed a contract to supply 10,000 miners<\/a>.<\/p>\n

In August, Genesis Digital Assets ordered 20,000 units of equipment<\/a> from Canaan and obtained an option to acquire a further 180,000 miners.<\/p>\n

Follow ForkLog news on Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

The American mining company Genesis Digital Assets announced the start of construction of a new Bitcoin mining center in West Texas, United States, with a capacity of 300 MW.<\/p>\n","protected":false},"author":1,"featured_media":52150,"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":[18,1137,26],"class_list":["post-52149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-mining","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52149","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=52149"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52149\/revisions"}],"predecessor-version":[{"id":52151,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52149\/revisions\/52151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/52150"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=52149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=52149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=52149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}