• Mara says Texas wind farms have 240 megawatts of interconnections and 114 megawatts of nameplate-like capability.
• Bitcoin mining firms use their websites to scale back Bitcoin mining prices.

Mara Holdings, a number one Bitcoin (BTC) mining firm and now the world’s second largest publicly publicly publicly publicly digital asset, has accomplished the acquisition of a wind farm in Texas.

The corporate introduced through a press launch on Tuesday, February 18th it had closed its acquisition settlement for Hansford County-based Wind Farm.

With this newest growth effort, Mara’s enterprise will profit from an extra interconnect capability of 240 megawatts. It additionally has a wind energy capability of 114 megawatts.

“The top of this acquisition represents a major milestone in Mara’s continued transformation in increasing its asset base following a strategic shift from asset mild to asset-heavy enterprise fashions,” the assertion stated. I stated.

Increasing the financial lifetime of miners

In line with Mara, the brand new web site is ready as much as make the most of the ultimate era ASIC Miner, which is scheduled to be written off or bought within the secondary market.

It will reuse these {hardware} and supply power. This implies 100% renewable power and nil power prices. It additionally implies that vertical integration permits mining firms to scale back manufacturing prices.

“This extra renewable power asset implies that Mara presently owns and operates 136 megawatts of era capability, strengthening its place all through the power era and Bitcoin mining course of. The acquisition is predicated on the ASIC Minors. “We are actually nearer to reaching internet zero working prices,” Thiel added.

Mara Holdings Chief Monetary Officer Salman Khan added through X’s submit.

“When mixed with Bitcoin mining, intermittent wind power reduces grid congestion throughout peak instances, prompts renewable belongings, and extends the financial lifetime of mining machines. Triple victory for miners, grids and wind producers. ”

Mara first introduced its acquisition of Wind Farm in December 2024.

On the time, the corporate famous that the brand new web site would use the corporate’s superior ASIC retirement initiative to develop the lives of Bitcoin mining {hardware}.