Hosting provider Applied Blockchain has extended its contract to bitcoin miner Marathon by executing an option for another 70 megawatts. The company opened its North Dakota facility.
Applied Blockchain will host additional 70 megawatts of bitcoin miners for Marathon. This deal is in addition to the previously announced 200 Megawatts.
A new crypto mining operation in North Dakota
Monday’s announcement by the company included the groundbreaking news of its North Dakota facility, a 180-megawatt plant. It plans to start operations in the first half 2023.
In September, the company signed a five-year power agreement with a local utility partner. The company stated that the key factors in the decision to locate the facility were the available transmission capacity and excess wind power.
Applied Blockchain currently has 500 megawatts in contracted hosting.
This will be the second facility built by the company in Texas, and it will join a 100-megawatt facility that was opened earlier in this year. The company is also building a 200-megawatt “next-generation” datacenter in Texas. This is already ahead of schedule.