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Market News

Manhattan Solar Plans Gigawatt Renewable Crypto Data Center

Manhattan Solar Partners plan to open a renewable-powered crypto mining center in Texas launching in the end of 2021.

Written By Jahnu Jagtap
Published June 11, 2021 8:13 AM·Updated 11 months ago
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Manhattan Solar Plans Gigawatt Renewable Crypto Data Center

Manhattan Solar Partner, LLC has introduced plans to build the USA’s biggest renewable-powered crypto-mining data center.  It is a joint venture with BIT5IVE, LLC and GMine LLC.

A Manhattan solar partner is moving forward with its plan to build a crypto data center utilizing over a gigawatt of renewable energy in Texas. A single gigawatt is sufficient to power north of 10 million light bulbs and enough to power one-time bending DeLorean.

The data centers will add 700 high-paying jobs to the local economy. It will also bring international focus on Texas as a global crypto mining center. The crypto data centers are expected to break ground in Q3 2021 and projected to begin operations in Q4 2021.

Current clients of Manhattan Solar partners are part of the plan and will be moving existing operations, both international and domestic, to Texas. It takes advantage of renewable energy in a pro-business environment.

Also read: Bitcoin Mining with Volcano in El Salvador

BIT5IVE, LLC is a US-based manufacturer of Class A cryptocurrency mining data centers and provides advanced hardware solutions. GMine LLC started by an energy industry professional to explore renewable power capabilities in the crypto mining industry. It believes renewable crypto mining will encourage the future and help reduce global carbon emissions.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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