MARA Holdings Acquires 114 MW Wind Farm in Texas

  • Maxim Hash
  • 4 December, 2024 01:33
MARA Holdings Acquires 114 MW Wind Farm in Texas

MARA Holdings announced the acquisition of a 114 MW wind farm located in Hansford County, Texas. This purchase enables the company to power its bitcoin mining data centers with renewable energy, reducing operational costs and environmental impact.

The facility has 240 MW of interconnection capacity, but MARA plans to operate off-grid, utilizing exclusively wind energy with zero marginal electricity costs. This approach will enhance mining efficiency and reduce reliance on traditional energy sources.

The acquisition is part of MARA’s strategy for sustainable development and cost reduction in bitcoin production through vertical integration and the use of renewable resources.

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