Cryptomining Holding Company Buys Underground TX Data Center

What is happening? A crypto mining holding company purchased an office building in the Greater Houston area that has a contiguous 1000,000 sq. feet of underground data center space that is “ready to receive approximately 15MW of power capacity.”

Why is this important? It can connect quickly to the grid. There is also talk of renewable generation site by developing incremental power on 30 contiguous acres. 

How will this be important? Greenidge Technology Holdings has halted all new cryptomining in Texas, and is focusing on existing facilities in North Carolina and New York.

DCD | Cryptomining holding firm acquires underground data center in Texas