The U.S. company strengthens its commitment to energy sustainability with a new 240-megawatt facility.
On February 18, Marathon Digital Holdings announced the closing of its acquisition of a new wind farm in Hansford, Texas. This move strengthens the company’s presence in the state and marks another step toward the goal of fully sustainable mining.
The new facility, with a capacity of 240 megawatts and a nominal wind capacity of 114 MW, becomes the company’s fifth data center powered by renewable energy. For its mining operations, Marathon will repurpose ASIC hardware that would otherwise have been decommissioned or sold on the secondary market. The company will use 100% renewable energy to power the machines.
Regarding the acquisition, the company’s CEO, Fred Thiel, stated:
“The closing of this acquisition represents a significant milestone in MARA’s ongoing transformation as we expand our asset base, following our strategic shift from an asset-light to an asset-heavy business model.”
Texas: the frontier of sustainable mining
Texas is increasingly establishing itself as the epicenter of Bitcoin mining in the United States, thanks to a deregulated electricity market and a favorable regulatory environment. Marathon’s decision aligns with a landscape already populated by companies such as Bitmain and the former Great American Mining (now part of Crusoe Energy).
Marathon had already established its presence in the state with a 200MW facility in Garden City, also powered by wind energy. With the new acquisition, the company increases its total renewable computing capacity to 438 MW, with expansion prospects reaching up to 688 MW once all ongoing projects are completed.
