'There's a lot less land to go around' — why White Rock established off-the-grid mining in Texas
Cointelegraph
Published Aug 17, 2022 05:27PM ET
Updated Aug 17, 2022 07:00PM ET
Amid many cryptocurrency mining firms in Texas scaling down operations to reduce the load on the power grid, at least one company set up miners not quite as affected by the state’s energy requirements during extreme heat.
In June, White Rock Management expanded its crypto mining operations to Texas — its first in the United States — but reported its facility in the Brazos Valley region would mine Bitcoin (BTC) using “environmentally responsible” methods. While the firm’s mining operations in Sweden used hydroelectric power, White Rock CEO Andy Long told Cointelegraph that its Texas facility was “off grid”, powered only by natural gas that would otherwise be burned.
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Written By: Cointelegraph
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