Bitcoin mining company in Dikkens to the AI

Lopok, Texas (KCBD) – Dickens Province is looking for a new chapter in its economy, with a major change in the large bitcoin mining facility there.

The owner recently announced a new partnership to transfer the encryption mining facility to the artificial intelligence data center.

In late 2022The property of the facility has changed north of Dickens, after stumbling in the value of the encrypted currency. Buy Galaxy Digital Holdings from Helios facility from Please Blockchain For $ 65 million.

In the fourth quarter profit call, Galaxy announced a 15 -year lease agreement with Coreave, a company for NVIDIA artificial intelligence computer.

Under the agreement, the Galaxy 133 MW of the critical information technology download to host AI from Coreweave and the HPC on the Helios campus. Galaxy expects the work to generate about $ 4.5 billion over the next fifteen years.

President Christopher Ferraro describes this strategic expansion to meet the increasing demand for highly reliable power and infrastructure to support the growth of artificial intelligence in the United States

Under peak conditions, the facility is expected to use about 200 megawatts of total energy capacity. Galaxy says Ercot approval of an additional 600 megawatts at the Dickens facility. He says the remaining capabilities are still under the option with Coreweave, which is expected to be contracted in the end.

CEO Michael Novuzrats calls this deal a “first and great and great step”, while it is believed to build one of the largest artificial intelligence data centers in the country.

Ferraro says Galaxy is in the process of demolishing some of the “Shell” data center, and it will start separating mining machines soon.

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