Fort Stockton, Texas – December 2nd, 2022
Milestone Achievement
Cormint Data Systems, Inc. announced today its successful energization of its first 24 MVA of self-mining capacity at its Fort Stockton site, marking a significant operational milestone.
Cormint, an emerging Bitcoin miner focused on mining low-cost Bitcoin at scale while supporting a reliable and renewable power grid, has reached this important Phase 1 deployment milestone.
Technical Specifications
Building on the successful acquisition of the transmission assets of the Sherbino 1 Wind Farm following its decommissioning by its previous owner, Cormint has now secured ISO Approval to scale its Fort Stockton site to 130MW, and energized its first 24 MVA of self-mining capacity. Known as "Phase 1" of the development plan, it included the deployment of a mixed fleet of 4,608 ASICs composed of Bitmain S19 Pro's using a proprietary immersion solution. The immersion solution deployed is the 3rd iteration of the design originally conceived in 2018 at Cormints New York test facility.
"We are delighted to see four years of planning and development come to fruition in this deployment," said Jamie McAvity, Cormint's President.
Next Steps
Looking ahead, the expansion plan continues on schedule with a further 18MVA of capacity expected to be energized by August 2023 as it scales towards 130MW at its Fort Stockton site.
For more information, please visit www.cormint.com, see us at Bitcoin Miami 23, or contact us.
Contact: [email protected]