{"id":8114,"date":"2022-10-27T08:28:46","date_gmt":"2022-10-27T08:28:46","guid":{"rendered":"http:\/\/www.cryptoheretostay.com\/?p=8114"},"modified":"2022-10-27T08:28:47","modified_gmt":"2022-10-27T08:28:47","slug":"aspen-creek-digital-and-compass-mining-to-host-thousands-of-bitcoin-mining-rigs-at-texas-solar-farm","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=8114","title":{"rendered":"Aspen Creek Digital and Compass Mining to Host Thousands of Bitcoin Mining Rigs at Texas Solar Farm"},"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>On October 26, the bitcoin mining operator Aspen Creek Digital Corporation (ACDC) announced that the company has commenced operations at its solar farm-powered high performance computing center (HPCC) in Texas. ACDC further detailed that the company inked a deal with the firm Compass Mining in order to host 27 megawatts (MW) of capacity, which will be deployed in the fourth quarter of this year.<\/strong><\/p>\n<h2>Aspen Creek Digital and Compass Mining Announce Hosting Partnership<\/h2>\n<p>According to the bitcoin mining company Aspen Creek Digital Corporation (ACDC), the firm\u2019s second HPCC has started operations in Texas. ACDC and Compass will be collaborating at the facility, as Compass plans to host 27 MW of capacity or about 9,000 Bitmain-crafted application-specific integrated circuit (ASIC) bitcoin miners. The Texas-based HPCC is ACDC\u2019s second bitcoin mining data center, as it operates a 6 MW facility tied to a solar farm in west Colorado.<\/p>\n<p>In September, ACDC raised $8 million in a Series A financing round that was led by Galaxy Digital and Polychain Capital. ACDC\u2019s announcement on Wednesday details that the Texas HPCC is a 30 MW site. The facility can host 10,000 ASIC bitcoin miners tethered to an 87 MW solar farm. The company detailed on Wednesday that the bitcoin miner has a third project in the works that is capable of 150 MW of capacity co-located with a 200 MW solar farm.<\/p>\n<p>The third HPCC will be \u201coperational by mid-2023,\u201d ACDC explained. \u201cOur mission is to create a sustainable source of renewable energy to power our operations and put renewables back on the grid,\u201d the CEO of ACDC, Alexandra DaCosta, said in a statement. \u201cWe\u2019re thrilled to partner with Compass Mining to expand access to renewably powered bitcoin mining,\u201d the ACDC executive added.<\/p>\n<p>Meanwhile, the news follows reports of Compass Mining sunsetting the miner\u2019s Georgia and British Columbia facilities. The reported sunsetting was reportedly told to Compass clients via email and according to Compass\u2019s content director, Will Foxley, Compass left the facility because it \u201cdidn\u2019t meet standards.\u201d Foxley also explained, and shared an update, that said Compass had a \u201cnew facility in Texas with Compute North\u201d that was \u201cwaiting for ERCOT to energize.\u201d<\/p>\n<p>The bitcoin mining operation Compute North filed for Chapter 11 bankruptcy protection on September 22, 2022. Two weeks ago, Whit Gibbs, the co-CEO of Compass discussed the launch of \u201cAt-Home\u201d mining with Coindesk, and a report noted last August that the firm was \u201cchanging its course.\u201d Thomas Heller, the co-founder and co-CEO of Compass Mining, explained on Wednesday that the firm looks forward to working with ACDC.<\/p>\n<p>\u201cCompass Mining continues to seek out high-quality hosting providers such as ACDC that benefit our mining clients\u2019 uptime and reliability. ACDC\u2019s pairing of low-cost, renewable energy with mining operational excellence is difficult to find in today\u2019s current market. We\u2019re pleased to work with their team,\u201d Heller said during the announcement on Wednesday.<\/p>\n<p>Tags in this story<\/p>\n<p>ACDC, Aspen Creek Digital, Aspen Creek Digital Corporation, Bitcoin, Bitcoin (BTC), Bitcoin mining, BTC Mining, Compass Mining, crypto solar, mining, Solar, Solar bitcoin mining, Solar Energy, Solar Farm<\/p>\n<p><em><strong>What do you think about ACDC partnering with Compass Mining and the latest solar farm venture in Texas? Let us know your thought 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 6,000 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\/aspen-creek-digital-and-compass-mining-to-host-thousands-of-bitcoin-mining-rigs-at-texas-solar-farm\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On October 26, the bitcoin mining operator Aspen Creek Digital Corporation (ACDC) announced that the company has commenced operations at its solar farm-powered high performance computing center (HPCC) in Texas. ACDC further detailed that the company inked a deal with the firm Compass Mining in order to host 27 megawatts (MW) of capacity, which will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[1],"tags":[],"class_list":["post-8114","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\/8114","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=8114"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/8114\/revisions"}],"predecessor-version":[{"id":8116,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/8114\/revisions\/8116"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/8115"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}