Among those challenges for Marathon have been about 40,000 mining rigs previously installed in a Compute North facility in Texas that have been sitting idly as the hosting firm was waiting for its energy provider to receive tax-exempt approval status.
Compute North has now energized 40 megawatts (MW) of a 280MW wind-powered facility in Upton County in West Texas, according to the Monday earnings release. Marathon will be the exclusive client of this site, which is Compute North’s fifth TIER 0™ site, said the statement. The rest of the 280MW will be coming online in phases, with "full energization autumn 2022," Dave Perrill, CEO and co-founder of Compute North told CoinDesk.
There are currently 40,000 mining rigs at the Compute North facility, which will be coming online in 20MW chunks, with all expected to be energized by the end of September, Thiel said on Monday's call.
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Bitcoin Miner Marathon to Start Energizing Texas Rigs at Compute North Facility https://archive.ph/pgdW0
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