Australian crypto miner Iris Energy secured a 600 megawatt connection for a new Texas crypto mining facility, which can boost its total hashrate to 15.2 EH/s in 2023. By egreechee
Australian crypto miner Iris Energy secured a 600-megawatt connection for a new Texas crypto mining facility, the company said on Friday.with the U.S. Securities and Exchange Commission that it has executed a binding connection agreement with utility provider AEP Texas.
Iris Energy paid $19 million for the security deposit and the connection fee, the filing said. The data centers in Texas are expected to be energized in Q1 2023, said the miner. Iris Energy has secured a 300 acre freehold site in the Texas Panhandle, the state's northernmost region, which will be connected directly to the grid through a 345kV transmission line, the filing said.
Iris Energy recorded a hashrate of 748 petahash per second in December 2021. It plans to add 2.9 EH/s across two sites in British Columbia, with mining rigs it has already secured, by the end of 2022. Another 11.6 EH/s are planned for 2023, including 10.6 EH/s in the Panhandle facility. The company could add another 7 EH/s in the Texas facility if it secures more mining rigs, bringing its total computing power to 22 EH/s - almost 14% of the bitcoin network's current hashrate.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Texas congressional Dems call for Justice Department to monitor election audit in 4 Texas countiesAUSTIN — Ten Democratic members of Congress, led by Dallas Rep. Colin Allred, on Wednesday called on the Department of Justice to monitor the ongoing audit...
Read more »
Texas Rep Cuellar vows cooperation with FBI investigation as agents descend on Laredo neighborhoodFederal authorities were at the Texas home of Democratic Rep. Henry Cuellar Wednesday as part of an undisclosed law enforcement investigation.
Read more »
Texas Congresswoman Beth Van Duyne Introduces Resolution Recognizing Heroes Of Synagogue Hostage SituationDuring a speech on the house floor, she recognized the courage and bravery shown during the 11-hour hostage drama inside a Colleyville synagogue.
Read more »
FBI Confirm Search Near Texas Home of US Rep. Henry CuellarFBI agents have conducted a search near U_S_ Rep_ Henry Cuellar’s home in Texas as they conducted what an FBI spokeswoman called “court-authorized law enforcement activity.”
Read more »
Texas hostage standoff raising concerns about 'copycat attacks'An intelligence bulletin obtained by CBS News says federal law enforcement officials have seen signs since the standoff that it might inspire similar incidents.
Read more »
24-week pregnant Texas woman dies from COVID, family mourns loss of mother of 6Crystal Hernandez was just 27 years old when she passed away. Her newborn baby is still in the NICU, but the family says he is very strong and doing well.
Read more »