Cryptocurrency

Texas cryptocurrency miner to use power from batteries to support grid stability

According to July 7, crypto infrastructure provider Lancium has partnered with Houston-based electricity producer BroadReach Power. statement..

As part of the deal, Broadreach will power part of Lansium’s 25-megawatt Texas Clean Campus data center, the statement said. Broad Reach is the United States’ leading utility-scale solar and energy storage platform.

This partnership will allow Lancium to source power from utility-scale batteries rather than power plants in the event of a grid shortage. Batteries primarily retain wind and solar energy, allowing Lansium to increase its use of renewable energy.

Shaun Connell, EVP of Power at Lancium, said in a statement:

“Our technology allows data center power consumption to fluctuate depending on the state of the grid, stabilizing the power grid and further facilitating the development of renewable energy.”

Lancium’s unique Lancium SmartResponse technology allows data centers to adjust their power usage in real time according to grid conditions.

Cryptocurrency miners have been accused of putting additional strain on the state’s power grid, which collapsed during the 2021 winter storm. The miner has stated that it will shrink its business during peak demand, but does not guarantee it.

The first phase of Lancium’s clean campus will support crypto miners, and the facility will also support data centers in the future. In March, CleanSpark, a sustainable Bitcoin mining and energy technology company, announced Sign the contract You also have the option of using Lancium to secure a mining capacity of 200 MW at Lancium’s facility and add 300 MW.

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