Bitcoin mining facility in Childress, USA

Our Childress operation includes 100 MW of data centres today, and we are building an additional 250 MW of data centres in 2024. The operation supports approximately 25 full-time positions on site today and over 150 contractors supporting our expansion in 2024. Once the facility is expanded to 600 MW, Childress is expected to add approximately 56 full-time positions on site.

Infrastructure such as warehouses (designed for high wind speeds), 3-phase power supply, municipal water supply and access roads have also been put in place to support operations and future phases of development.

The facility will generate long-term revenue streams for Childress County and the local community over the projected multi-decade life of the business.

The site is strategically located in the West Texas load zone and offers access to low-cost surplus renewable energy.

The region has about 37 GW of renewable energy installed, but only about 18.5 GW of transmission capacity on the power lines to export this renewable energy to the major load centres (such as Dallas and Houston). Due to technical limitations, these lines can often only be operated with an effective transmission capacity of around 12 GW.

Due to this limitation, wind and solar farms are often curtailed (or temporarily shut down) when renewable energy generation is high because the local load is too low.

The Childress facility will support existing renewable generation and encourage further expansion of renewable generation by providing flexible load in the West Texas load zone. 
This load can operate at low prices during periods of oversupply (e.g., when there is a surplus of intermittent renewable energy) and then reduce electricity consumption during certain high-price periods when the market is undersupplied (e.g., when solar/wind output is insufficient or during extreme weather events).