Compass Mining ("Compass"), the world's first and largest online marketplace for Bitcoin mining hardware and hosting, today announced the signing of a 27 megawatt (MW) hosting partnership with Aspen Creek Digital Corporation (ACDC) at their flagship Texas location.
Located near Houston, Texas, Compass Mining will host approximately 9,000 units of Antminer S19 XP and S19j Pro on behalf of Compass Mining clients beginning in Q4 2022. The site is Compas Mining’s fourth Texas deployment to date and one of the largest renewable-based facilities currently hosting Compass Mining client units. Compass Mining looks forward to providing robust hosting solutions in Texas, USA.
At 30 MW in size, ACDC’s Texas facility is co-located behind-the-meter with a newly developed 87 MW solar energy facility. The project represents additional power generation resources for the Electric Reliability Council of Texas (ERCOT), as well as valuable controllable load resources that expand the reach of renewables by stabilizing the grid. The facility marks yet another milestone for ACDC after the opening of their 6 MW Colorado solar powered hosting facility.
“Compass Mining continues to seek out high quality hosting providers such as ACDC that benefit our mining clients uptime and reliability,” co-founder and co-CEO Thomas Heller said in a statement. “ACDC’s pairing of cost effective, renewable energy with mining operational excellence is difficult to find in today’s current market. We’re pleased to work with their team.”
David Yi, Chief Commercial Officer of ACDC, commented, “We are thrilled to partner with Compass Mining at our newly launched facility in Texas. ACDC is supportive of their mission to democratize hash rate, and through our partnership with Compass Mining, their diverse institutional and retail customer base help stand up new renewable energy production. ACDC is pleased to bring this innovative behind-the-meter power solution to market, a construct that has typically been reserved for large industrial consumers and unavailable to retail customers. We look forward to building on this momentum with Compass and our clients."
