Site sold for $21m

Facility to be colocated with 240MW wind farm

Company looks to jump on AI gravy train

Company targeting 1GW of capacity by 2026

US Data Centers converting crypto site to serve HPC and colo customers

Acquired for $21.7 million

Company looks beyond Bitcoin amid AI boom

The 152-acre plot was acquired from Greenidge Generation

Facilities involved in mining must disclose location, ownership structure, energy consumption, and business model on an annual basis

AXP will provide large volumes of stranded natural gas from its Pathfinder gas field

Crypto firms continue move into AI space

News comes as Bitcoin hits new all-time high

Company wants to focus on AI

Talen acquired the facility from TeraWulf in a $85m deal

Black Pearl site due live in 2025

Company also planning 1.5MW AI data center

Dorothy 2 to feature some AI compute

Deal expected to close next month

Deal comes as Riot Platforms looks to acquire Bitfarms

Shifting 20 percent of energy to AI/HPC could prove lucrative

Comes after selling data center operation to AWS in March

Company expands out of cold climes into Latin America

Company currently valued at $2.2bn

Data centers at two sites to total 327MW