Genesis Digital Assets Limited Acquires 1000 Air-Cooled Miners to Mine Bitcoin
Bitcoin Magazine Genesis Digital Assets Limited Acquires 1000 Air-Cooled Miners to Mine Bitcoin Today, Genesis Digital Assets Limited (GDA), one of the largest Bitcoin mining companies in the world in terms of hash rate,...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin Magazine
Genesis Digital Assets Limited Acquires 1000 Air-Cooled Miners to Mine Bitcoin
Today, Genesis Digital Assets Limited (GDA), one of the largest Bitcoin mining companies in the world in terms of hash rate, has announced it has entered a purchase agreement with Auradine, a Silicon Valley-based provider of blockchain and AI infrastructure solutions.
In the agreement, GDA will receive 1000 Teraflux AT2880-277 air-cooled miners, one of Auradine’s latest inventions. The Company plans to install all of them at its 40 MW data center in Glasscock County, Texas.
“GDA’s strategic priority is to combine operational excellence with long-term sustainability,” said the Executive President of GDA Abdumalik Mirakhmedov. “Auradine’s advanced mining systems offer the performance and flexibility we need to compete globally while staying aligned with our focus on responsible energy use, innovation, and a commitment to supporting the grid.”
The air-cooled miner gets up to 260 TH/s of hash rate energy efficiency as low as 16 J/TH, delivering performance and sustainability. The new machines will also participate in Texas’s ERCOT demand response program once they’re up and running, further strengthening GDA’s expanding contribution to enhancing power grid stability during peak demand times.
“We are proud to partner with GDA, a company that exemplifies strategic leadership and operational discipline in the Bitcoin mining space,” stated the CEO and co-founder of Auradine Rajiv Khemani. “This collaboration underscores the importance of developing and deploying U.S.- based, energy-efficient mining infrastructure that secures the future of the Bitcoin Network and contributes to energy grid resilience.”
This deployment shows GDA’s US expansion strategy, positioning Texas as a cornerstone of its operations due to its renewable energy assets, regulatory alignment with the industry, and innovation-friendly environment.
A month ago, Auradine released their new mining products featuring high-performance ASIC chips, specialized cooling systems, and fully integrated modular containers engineered for scalable, megawatt-class mining operations.
“Our goal is to democratize access to Bitcoin mining and enable innovative integrations,” said the CEO and Co-Founder of Auradine Rajiv Khemani. “Whether you’re running a megawatt container or building a small form-factor heater-miner for your home, we provide the chips, systems, and support to help you succeed. This new chapter is about giving miners the tools to innovate, scale, and operate efficiently.”
This post Genesis Digital Assets Limited Acquires 1000 Air-Cooled Miners to Mine Bitcoin first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
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
Bitcoin miners are no longer pure crypto proxies and are morphing into high-performance computing hubs
Bitcoin gained 21.5% from the Aug. 17 close through Aug. 21, yet six of seven large US-listed miners finished the same trading str...
CoinShares reports $2B in crypto ETP inflows as AI revenue for Bitcoin miners could hit 70%
Bitcoin miners' shift to AI and HPC highlights a strategic pivot, reshaping industry dynamics and investor confidence in crypto ma...
Bitcoin Mining Consumes 30% of Paraguay Energy, Analysts Reveal
During the “Accelerating Bitcoin” conference, experts debated how current bitcoin mining operations would affect the Paraguayan gr...
Iris Energy reports Q4 revenue of $137M, misses estimates as Bitcoin mining gives way to AI
IREN's shift from Bitcoin mining to AI highlights the tech sector's evolving focus, but financial stability hinges on AI revenue g...
Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud
IREN is still mostly a Bitcoin miner by revenue, even as it retires mining hardware to make room for AI infrastructure and grow IR...
HashKey Cloud backs Stacks’ Genesis Bond to prove institutional appetite for native Bitcoin yield
Stacks founder Muneeb Ali said on Aug. 27 via X that HashKey Cloud will deploy Bitcoin in Stacks, making the Asian infrastructure...