Sangha Renewables Launches 19.9MW Bitcoin Mining in West Texas
Sangha Renewables is set to revolutionize the digital asset infrastructure landscape with a groundbreaking project. The company has begun construction on a 19.9-megawatt bitcoin mining facility in West Texas, marking its pivot towards sustainable bitcoin power infrastructure. This project, a partnership with an independent power producer (IPP), aims to merge sustainable power with digital asset infrastructure.
The facility, scheduled to commence operations in Q3 2025, is designed to transform underutilized renewable assets into high-yield bitcoin-generating operations. Sangha Renewables has secured an offtake agreement with the IPP to purchase 19.9 MW of power directly, ensuring one of the lowest bitcoin price in North America.
The site, an established solar energy location, is impacted by grid congestion and negative energy pricing. Sangha Renewables' innovative load-balancing model makes it an ideal fit for this site. The company has raised $14 million towards its $17 million target for the project, demonstrating strong investor confidence in its model underpinned by smart site selection, transparent capital structures, and regulatory acumen.
Sangha Renewables' 19.9-megawatt bitcoin mining facility in West Texas is set to be a game-changer. By leveraging underutilized renewable assets and innovative load-balancing, the facility promises to offer one of the lowest bitcoin price in North America. With operations starting in Q3 2025, this project serves as Sangha Renewables' proof-of-concept and a significant step towards sustainable bitcoin power infrastructure.