MARA Holdings has successfully acquired a wind farm located in Texas, increasing its operational capacity with an additional 114 megawatts of wind energy.

Key Points:

• The new acquisition will support some of MARA’s bitcoin mining activities with state-of-the-art ASIC mining hardware powered by renewable resources.
• This initiative aims to reduce production costs associated with bitcoin mining by utilizing previously underused wind energy.

MARA Holdings, recognized as the second-largest publicly traded corporate bitcoin holder, has reiterated the importance of sustainable energy solutions in its operations. CEO Fred Thiel emphasized the benefit of repurposing old mining machines and adopting renewable energy to enhance efficiency in their bitcoin production efforts.

MARA now boasts a generating capacity of 136 megawatts, solidifying its commitment to innovative energy strategies in the cryptocurrency mining sector.