Genesis Digital Assets Unveils 36 MW Data Center Launch

Hello from Houston, TX on 04/03/2024! Genesis Digital Assets Limited (“GDA”) wants to share some exciting news with you! GDA has joined forces with Lonestar Dream, Inc (“Lonestar Dream”) in a strategic hosting arrangement. This partnership will grant GDA access to about 36 MW of power capacity at the Tarbush data center in West Texas. Thanks to this collaboration, GDA has increased its total hashrate capacity by adding around 1 EH/s.

gda data center

With this being GDA’s 6th facility in Texas, it’s clear that the state’s abundance of renewable energy and adaptable power grid have played a crucial role in the company’s decision to invest further in Texas.

The Tarbush data center is located within the ERCOT West Hub, which is known for its significant renewable energy production in Texas. This area boasts a total installed renewable capacity of 55GW and record renewable generation of 35GW as of January 2024, with most of this capacity situated in the ERCOT West Hub. The hub benefits from wind farms nearby, making it ideal for wind energy production with its variety of renewable energy sources like wind and solar.

“We are thrilled about this hosting agreement as it signifies our expansion in the West Texas region,” shared Andrey Kim, CEO of GDA.

“Our dedication to renewable energy and use of cutting-edge technology in bitcoin mining enables us to conduct efficient and reliable operations.”

Discover more about GDA

GDA stands as one of the leading industrial-scale bitcoin mining companies globally, boasting nearly a decade of expertise in building, managing, and scaling data center operations. Our commitment to innovation, responsible energy consumption, and community investment shines through in our operations across 19 data centers in North America, Europe, and Central Asia. With a total power capacity exceeding 500 MW and over 150,000 miners online, GDA is focused on fortifying the bitcoin network for the future by enhancing its strength, resilience, and security.

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