This mining farm is located in Indiana USA. It has been powered on in July 2022 with a total load of 41MW, divided into three phases. It is an air-cooled mine with 67 mining boxes and 12,300 managed machines. Indiana Michigan Power Company supply electricity to the mining farm, 80% of which is nuclear power and 20% is other integrated power generation.
1024 Capital was established in 2021 and has established in-depth and long-term cooperative relationships with major power companies. It focuses on the construction, operation and management of Bitcoin mining farm in the United States, as well as mining machine trading business.The company is headquartered in Irvine, Los Angeles, California, USA.Currently, 4 Bitcoin mining farms of this company have been built in Indiana and Oklahoma in the United States, with a total load of 71MW, and have provided hosting services for 21,300 Bitcoin mining machines. The fifth natural gas power mining farm, with a total load of 150MW, which can accommodate 45,000 Bitcoin mining machines, is currently under construction in Monahans, Texas (groundbreaking has begun in September 2024). By the end of 2025, the total load will be 221MW, a total of 66,300 Bitcoin mining machines can be hosted, and the mining farms investment management scale will reach US$100 million. The operation and maintenance team of BitTribe under 1024 Capital has implemented 7 x 24-hour real-time monitoring of all managed mining machines, responded to mining machine operation problems with zero delay, and reported the mining machine operating status and data to customers daily; and regularly inspected various power equipment in the mine to continuously maintain mining infrastructure to ensure mining machines are always running at their best. At present, the average online rate of the managed mining machines in our mine can reach 99.4%, and the computing power compliance rate can reach 100.68%, which has been highly recognized by the managed customers.
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