{"id":3237,"date":"2022-04-09T04:47:08","date_gmt":"2022-04-09T04:47:08","guid":{"rendered":"http:\/\/cryptoheretostay.com\/?p=3237"},"modified":"2022-04-09T04:47:09","modified_gmt":"2022-04-09T04:47:09","slug":"compute-north-reveals-bitcoin-miner-is-building-a-300-mw-data-center-in-texas","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=3237","title":{"rendered":"Compute North Reveals Bitcoin Miner Is Building a 300 MW Data Center in Texas"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p><strong>The bitcoin mining operation Compute North has announced it is in the midst of constructing a 300-megawatt (MW) data center in Granbury, Texas. According to the mining firm, the data center located near Wolf Hollow Power Plant will be scalable up to 600 MW going forward.<\/strong><\/p>\n<h2>300 MW of Capacity to Start, 600 MW in the Future<\/h2>\n<p>On April 8, the blockchain infrastructure and hosting services provider Compute North announced the launch of a new 300-MW bitcoin mining facility in Texas. The TIER 0 data center will be located near Wolf Hollow Power Plant and eventually, the company aims to scale the facility to 600 MW. Furthermore, Compute North will be providing grid-balancing services to the Energy Reliability Council of Texas (ERCOT).<\/p>\n<p>The Eden Prairie, Minnesota-based Compute North recently secured $385 million in funding to scale the company\u2019s operations. The Series C private equity investment was co-led by the energy and commodity firm Mercuria, and the sustainable energy investment firm Generate Capital. National Grid Partners also participated in Compute North\u2019s Series C financing round. According to the firm, the company\u2019s TIER 0 data center provides \u201cthe ability to respond quickly during times of peak demand that stress the grid.\u201d<\/p>\n<p>Additionally, the new Compute North data center aims to hire \u201c30 skilled positions for the facility.\u201d Granbury\u2019s City Manager, Chris Coffman, looks forward to the mining company bringing jobs into the area. \u201cGranbury is excited to have a new employer in the neighborhood. Not only will Compute North bring quality jobs to our area, but they also bring an engaged corporate partner by supporting existing non-profits and being part of the community,\u201d Coffman said in a statement on Friday.<\/p>\n<h2>Compute North Says Wolf Hollow Plant Co-Location Will Provide a \u2018Unique Behind-the-Meter Approach\u2019<\/h2>\n<p>According to Compute North, the data center will emit less carbon than most facilities of its size that are directly connected to the grid. \u201cCompute North\u2019s modular containers will be co-located at the Wolf Hollow plant through a unique behind-the-meter approach, bringing the load directly to the source,\u201d the announcement on Friday highlights. Dave Perrill, the CEO and co-founder at Compute North explained the company is excited to see construction moving forward.<\/p>\n<p>\u201cWe are developing the next generation of data centers meeting the unprecedented needs of next-generation technology at a time when the demand for energy efficiency and stabilizing the energy grid has never been higher,\u201d Perrill said during the announcement. \u201cWe are committed to continued innovation to support timely demand response solutions, and we work closely with our energy partners to support local energy dynamics.\u201d<\/p>\n<p>Tags in this story<\/p>\n<p>$385 million, 300 MW, 600 MW, Bitcoin, Bitcoin (BTC), Bitcoin mining, BTC Mining, Chris Coffman, compute north, Dave Perrill, Granbury Texas, Granbury\u2019s City Manager, Series C, Texas, Texas Data Center, TIER 0 data center, Wolf Hollow Power Plant<\/p>\n<p><em><strong>What do you think about Compute North\u2019s 300-MW data center construction with plans to scale up to 600 MW? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n<p>Jamie Redman <\/p>\n<p class=\"article__body__author__info__about\">\nJamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.<\/p>\n<p><i class=\"td-icon-font td-icon-twitter\"\/><\/p>\n<p class=\"images_credits\"><em>Image Credits: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n<p><strong>Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<p>More Popular NewsIn Case You Missed It<\/p>\n<p><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/compute-north-reveals-bitcoin-miner-is-building-300-mw-data-center-in-texas\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The bitcoin mining operation Compute North has announced it is in the midst of constructing a 300-megawatt (MW) data center in Granbury, Texas. According to the mining firm, the data center located near Wolf Hollow Power Plant will be scalable up to 600 MW going forward. 300 MW of Capacity to Start, 600 MW in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3238,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[1],"tags":[],"class_list":["post-3237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-updates"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/3237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3237"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/3237\/revisions"}],"predecessor-version":[{"id":3239,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/3237\/revisions\/3239"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/3238"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}