Sangha Renewables has energized a 20-megawatt bitcoin mining facility in West Texas, marking the company’s latest effort to pair renewable generation with flexible data-center load.
This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies.
The project, located in Ector County near Odessa, operates behind the meter on a 150-megawatt solar farm and began full operations following a ribbon-cutting ceremony on Friday, the company announced. Sangha said the site has a capacity of 19.9 MW and is supplied with solar power alongside supplemental electricity and balancing services provided by Totalenergies.
Under the arrangement, Sangha develops, owns and operates the mining facility and supplies its own mining hardware and load-management systems. Totalenergies provides retail power services, including firm power during non-solar hours and structured products designed to manage price volatility. Energy consultancy Links Genco supported the project’s development, including energy structuring and grid-compliance work, Sangha said.
The energization comes as bitcoin miners contend with a historically low hashprice, driven by a recent pullback in bitcoin’s price while the network hashrate remains near record highs. Although the Bitcoin network saw a downward difficulty adjustment earlier this week, the reduction was less than 1%, offering only limited relief for miners facing compressed margins.
Sangha framed the project as a template it plans to replicate, using bitcoin mining as a way to monetize renewable energy assets that face congestion or pricing challenges. The company said the ability of mining operations to rapidly ramp power consumption up or down makes them well-suited to operate alongside intermittent generation such as solar.
Local officials and representatives from Totalenergies and Links Genco attended the ribbon-cutting ceremony.
The original article can be viewed here.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
A crypto financial service provider has a whale-related address holding 120k ETH and 700 BTC, with unrealized gains exceeding $36 million
Gate News message: On April 14, according to on-chain analytics platform Lookonchain, influenced by the market rebound trend, a whale address associated with a certain crypto financial services provider currently holds a long position of 120k ETH (about $283.5 million) and 700 BTC (about $52 million), with total unrealized gains exceeding $36 million.
GateNews40m ago
MicroStrategy raises $ using 11.5% STRC to buy Bitcoin, Saylor: If BTC rises more than 2% year-over-year, that’s enough to pay dividends
MicroStrategy announces it has increased its holdings of $1 billion worth of Bitcoin. Its total holdings now reach 780,897 BTC, and the fundraising is fully sold out through the preferred stock STRC. Founder Saylor stated that Bitcoin only needs an annual growth rate of more than 2.05% to cover dividends, avoiding dilution of common stock. This strategy demonstrates the company’s innovation in asset allocation and attracts other companies to imitate it.
ChainNewsAbmedia56m ago
Why Is Bitcoin Up Today? Hormuz Blockade Triggers Short Squeeze and a BTC Test of $75k
On April 13, Bitcoin rose from its early-session low of 70,741 to trade as high as $74,900 during the session, approaching the $75,000 level. The main drivers came from two directions: after Trump ordered the blockade of the Strait of Hormuz, traders began to view Bitcoin as a geopolitical hedge asset; and a massive net short position that had been building as funding rates stayed persistently negative was met with liquidation, triggering a chain of liquidations totaling millions of dollars near the $70,000 support level.
MarketWhisper1h ago
Strategy Buys 13,927 Bitcoin for $1 Billion, Total Holdings Hit 780,897 BTC
Strategy acquired 13,927 bitcoin for $1 billion, increasing its total holdings to 780,897 BTC. This purchase, at an average price of $71,902, results in a total investment of ~$59.02 billion, achieving a BTC Yield of 5.6% YTD 2026.
Coinpedia1h ago
BlackRock withdrew 2,004 BTC from a certain CEX, worth approximately $145 million
Gate News: Onchain Lens, a blockchain analyst, reported on April 14 that BlackRock withdrew 2,004 BTC from a certain CEX within the past 7 hours, worth approximately $145 million.
GateNews1h ago
Giant whale: “First set 10 big goals” to cut off BTC short positions, losing about $5 million
According to analyst monitoring, on April 14, a whale trader stopped out 2,567.49 BTC when the market was rising, resulting in a loss of about $5 million due to geopolitical factors that affected the original plan. He previously profited $21.76 million in March, and now he has decided to temporarily stop trading.
GateNews1h ago