The second-largest publicly traded company bitcoin holder, MARA Holdings (MARA), has introduced the completion of the acquisition of a wind farm in Texas, including 114 megawatts of nameplate wind capability and 240 megawatts of interconnection capability to its operations.
The Florida-based firm plans to make use of the wind farm to energy bitcoin mining operations utilizing last-generation ASIC mining {hardware} “that would have otherwise been written off or sold into the secondary market.”
MARA famous that repurposing the machines and leveraging renewable vitality will cut back bitcoin mining merchandise prices whereas utilizing wind energy which may have in any other case gone unused.
“With this added renewable energy asset, MARA now owns and operates 136 megawatts of generating capacity,” CEO Fred Thiel mentioned in an announcement.
MARA is the second-largest publicly traded company bitcoin holder, with 45,659 BTC on its stability sheet.
