Houston technology company Lancium spends $150 million to build Bitcoin mine in Texas

Houston technology company Lancium spends $150 million to build Bitcoin mine in Texas

2021/11/25

According to reports, the Houston-based technology company Lancium spent $150 million to build a Bitcoin mine in Texas, which will use renewable energy. In the coming year, the company plans to launch more than 2,000 megawatts of capacity at multiple sites, which Lancium calls the "clean park." Lancia said that this financing round was led by clean energy company Hanwha Solutions and other power companies. Calcium CEO Michael McNamara said: "I think the fact that all energy companies are investing shows that we have a common vision for the role that Bitcoin mining should play in the grid."

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