The second largest listed company’s Bitcoin holder, Mara Holdings (Mara), has announced the end of the acquisition of a Wind Farm in Texas and added 114 megawatt name-tag wind capacity and 240 megawatt interconnection capacity to its operations.
The Florida-based company plans to use the wind farm to operate Bitcoin mining using the last generation of Asic-mining hardware “, which would otherwise have been written off or sold to the secondary market.”
Mara noted that the recycling of the machines and the utilization of renewable energy will reduce the cost of Bitcoin mining, while using wind power that may otherwise have gone unused.
“With this extra renewable energy, Mara now owns and operates 136 megawatt generation of capacity,” CEO Fred Thiel said in a statement.
Mara is the second largest publicly traded corporate Bitcoin holder with 45,659 BTC on her balance.
