The farm with a total capacity of 400 MW will be deployed under an agreement with HashHouse Tech, a company that supplies mining equipment.
We are talking about MicroBT installations based on the Poseidon platform. The platform promises uninterrupted operation of equipment in any climate zone, even at very high temperatures in Texas.
Riot Platforms purchased 66,560 ASIC mining rigs late last year. The transaction amount was almost $291 million.
Previously, the US Office of Management and Budget (OMB) allowed the Energy Information Administration (EIA) to request detailed data on the consumption and use of electrical energy from mining companies.
Source: Bits

I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.