on Northern Bitcoin AG (isin : DE000A0SMU87)
Northern Data Group’s Peak Mining Announces Second 300MW Data Center in Texas
Peak Mining, a part of the Northern Data Group, has announced the acquisition of a second 300MW data center location in Corpus Christi, Texas. This new facility will be adjacent to an existing 300MW mining site purchased in December 2023.
The site comes with an ERCOT-approved 300MW interconnect, and construction has already begun. Long-lead time items have been secured, with energization scheduled for early 2025.
This expansion aligns with Northern Data Group's strategy, enabling Peak Mining to enhance its capacity significantly. The new site will utilize indoor, fully-integrated, liquid-cooled HPC data center systems to optimize deployment time and infrastructure costs.
Saxet Infrastructure Group will manage the construction, design, and energization of the substation, leveraging its extensive experience in HPC infrastructure projects.
Niek Beudeker, Managing Director of Peak Mining, highlighted that this purchase will accelerate their expansion, potentially providing up to 40EH of hash rate when fully developed. The site will rely on the renewable energy resources abundant in the ERCOT Load Zone South.
CEO Aroosh Thillainathan emphasized the sustainable growth and swift scalability made possible by this new facility.
R. E.
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