The City Of Abilene And Taylor County To Build $2.4 Billion Data Center, Will Host Bitcoin Mining
The renewable energy powered, large-scale data center campus will host bitcoin mining.Today, Texas’s City of Abilene and Taylor County announced a large-scale partnership with Houston-based infrastructure company, Lanciu...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The renewable energy powered, large-scale data center campus will host bitcoin mining.
Today, Texas’s City of Abilene and Taylor County announced a large-scale partnership with Houston-based infrastructure company, Lancium, to build a $2.4 billion data center campus, per a press release sent to Bitcoin Magazine.
The data center campus, which will be powered by renewable energy, will host bitcoin mining and other energy-intensive applications. This project will begin at 200 megawatts of power, but has an expansion capacity of over 1 gigawatt.
“We are very proud to be part of the community and build one of our flagship Clean Campuses in Abilene,” said Michael McNamara, cofounder and CEO of Lancium. “We chose Abilene for our second Clean Campus because of its ideal location, proximity to abundant wind and solar generation, high-quality workforce and the opportunities to grow in the future. We want to thank the city, county and all of the members of the economic development team that worked together to help make this significant milestone possible.”
The construction of this new facility is set to break ground on about 800 acres of land in Abilene and Taylor County, starting in Q1, 2022. The data center is expected to bring in about $993.4 million in total economic impact to Abilene and Taylor County, according to the release.
“This project brings immense value to our community as it is truly shaping our future,” said Jack Rich, Development Corporation of Abilene board chair. “We are fortunate to have community resources that support the needs of companies like Lancium.”
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin MagazineRelated market context
‘Every single exchange’ will have to adopt public blockchain infrastructure to compete, Hyperliquid Policy Center CEO says
Chervinsky says that beyond regulated perps, onchain markets need to enter the U.S. regulatory perimeter, a step he expects will h...
THORChain Co-Founder Will Ask Its Treasury About Refunding Fees From Stolen Crypto
THORChain co-founder Chad Barraford said he will ask the protocol’s Treasury about sending part of what its developer fund earned...
Ethereum Price Prediction: Layer-2 Trouble Deepens as Another Network Shuts Down
Blast’s decision to close its Layer-2 network sharpens the question of Ethereum price and prediction: does activity ultimately con...
BTCC Exchange Launches Refreshed Trust Center: Alex Hung on 15 Years of Earning Traders’ Trust
GEORGE TOWN, Cayman Islands, October 7th, 2026, Chainwire BTCC, the world’s longest-serving cryptocurrency exchange and Platinum S...
CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse
Bitcoin Magazine CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse Pro-crypto regulator Mike Selig has...
Ether is about to lose a steady buyer as Tom Lee says Bitmine will stop token purchases
Tom Lee said Bitmine will be “done stacking” once it owns 5% of ETH, setting an end date to an accumulation streak that began in m...