Marathon Digital buys wind farm in Texas, expands renewable energy push

Gino Matos | Source: CryptoSlate | Posted 12/04/2024

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The new renewable energy plan boasts 240 megawatts of capacity, and will fuel retired mining hardware usage.

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Marathon Digital, a Bitcoin mining company, has acquired a wind farm in Texas with a capacity of 240 megawatts to power a sustainable data center. The new facility will operate entirely on wind energy, eliminating energy expenses for operations and reducing environmental impact.

This acquisition is part of Marathon's strategy to leverage renewable resources, reduce energy costs, alleviate grid congestion, and promote broader renewable energy deployment. By repurposing retired machines and powering them with renewable energy, Marathon aims to extend the hardware's economic life while enhancing financial returns and demonstrating its commitment to sustainability.

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Marathon Digital buys wind farm in Texas, expands renewable energy push

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