Compute North Atlas Mining Partner Expands Operations in the United States

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Two giants of the bitcoin mining world Atlas Technologies and Compute North are teaming up to take advantage of an unprecedented time to expand their operations in the United States, just as interest in mining in the United States is at an all time high.

Severe chip shortages and backed up supply lines leading to equipment shortages are giving ASIC-enabled companies like Atlas Technologies a step forward in negotiating new infrastructure space.

Atlas Technology Group, a versatile data and mining technology company, adds 100MW of power generated by the latest ASIC model to Compute North’s U.S. facilities with miners ready to go online from the first quarter of next year.

Once all the miners are online, Atlas expects the new platforms to produce around 3.7 EH / s (exahashs per second).

Atlas mining

Singapore-based Atlas mining is one of the largest Bitcoin players with operations in North America and Central Asia and “offers a wide range of value-added services including mining, high performance computing, hosting and cloud services… one of the largest and most efficient service providers in data processing and storage, ”according to its website.

In the future, Atlas hopes to expand its mining operations around the world, including Northern Europe, South America and Africa. In today’s announcement, Atlas President Raymond Yuan said:

“We are delighted to name Compute North as our trusted hosting provider and we are committed to building a strong, long-term relationship. Atlas operates its mining business globally and places great importance on partnering with local companies, such as Compute North, who share our vision of sustainability and environmental responsibility.

Calculate north

Compute North, a data center and bitcoin mining giant headquartered in Eden Prairie, Minnesota, has mining facilities in Big Spring, Texas; Kearney, Nebraska; and North Sioux City, South Dakota.

The company uses a data center design that allows it to control the amount of energy in each of its facilities as needed so that it can provide more stability as local power grids carry more renewable energy. .

“We are proud that Compute North’s focus on sustainable mining solutions has been factored into Atlas Mining’s decision to partner with us for its next deployment in the United States,” said Dave Perrill, CEO of Compute North in today’s announcement.

“Our pioneering TIER 0 ™ data center design creates significant cost savings and makes us a critical partner for the overall stability of local power grids as they bring more renewables online,” he said. he adds.

Focus on green mining

Atlas is committed to achieving sustainable growth and using only environmentally friendly energy in its mining operations.

In today’s announcement, the company said it was making “massive adoption of renewable energy, with a long-term goal of being 100% carbon-free”.

Yuan d’Atlas said:

“Green mining and global operations are two key trends in the ASIC mining industry. As we grow our business, we are keen to embrace renewables more and explore technologies that can improve operational efficiency. Advances in emerging cooling technology will improve the PUE (Power Usage Effectiveness) of the entire industry, and Atlas wants to lead the way. “

Compute North uses a variety of power sources in its three locations, primarily from what is available on the local grid. The majority of the electricity produced in South Dakota comes from hydroelectric power, while Nebraska and Texas use a mix of wind, solar, and natural gas.

“Most of our facilities are connected to the power grid… the nature of our energy consumption (load) on the grid allows us to serve as a strategic partner to grid operators with our ability to reduce our energy consumption in order to help stabilize the grid, “Perrill told Bitcoin Magazine in a recent interview.” With renewables increasing as a percentage of global electricity production, these intermittent energy sources are creating additional challenges for infrastructure global network We play an important role in providing a low cost computing environment for our customers, while also meeting a very important need of network operators.

According to today’s announcement, Atlas has purchased over 200,000 units of the most advanced mining rigs to date and aims to continue this trend over the next several years. The company has contracted over 400 MW of infrastructure capacity with local partners in different regions and plans to add 1 GW of capacity within the next 18 months.

This latest expansion comes just weeks after Atlas selected Core Scientific to host bitcoin miners that will require more than 100MW of power when fully implemented.


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