American cryptocurrency miner Mara has announced the acquisition of a wind farm in Hansford County, Texas, marking a significant milestone in the company's sustainability efforts. The wind farm, which has an interconnection capacity of 240 megawatts (MW) and a nominal wind capacity of 114 MW, will play a central role in the company's objective of promoting the use of renewable energy in its data centers.
According to the company, this $240 million acquisition is part of the strategy to transform underutilized renewable resources into economic value while achieving near-zero energy costs.
The newly acquired wind farm will provide 100% renewable energy to an behind-the-meter data center that Mara plans to develop and operate on site. Fully powered by the wind farm's 114 MW of capacity, the data center will benefit from zero marginal energy costs, significantly reducing operating expenses.
The acquisition of the wind farm also fits with the company's plans to combine renewable energy with its growing data center infrastructure to reduce carbon emissions and lower bitcoin production costs through to vertical integration. Most of the electricity used by the company's data centers comes from the grid, wind farms and flare gas.
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