Bold

BitFrontier Capital Holdings, Inc. (BFCH), a leading provider of cryptocurrency <a href="https://ultramining.com/news/en/immersion-cooling-transforms-chinas-crypto-mining-landscape/" rel="noopener noreferrer nofollow">mining equipment</a> and immersion-cooling <a href="https://ultramining.com/news/en/bitcoin-mining-reshaping-landscape-amid-global-interest-surge/" rel="noopener noreferrer nofollow">hosting</a> centers, has officially announced the launch of its new hosting facility in South <a href="https://ultramining.com/news/en/texas-residents-challenge-bitcoin-mining-industrys-impact-on-power-grid-and-communities/" rel="noopener noreferrer nofollow">Texas</a>. Now fully operational and loaded to capacity, this initiative marks a significant milestone in the company's journey towards sustainable and efficient cryptocurrency mining. Partnering with industry leaders, BFCH has developed a replicable model of hosting that blends immersion cooling with air cooling, setting a new standard for future ventures, according to <a href="https://www.globenewswire.com/news-release/2024/02/20/2832104/0/en/BitFrontier-Announces-New-Hosting-Facility-with-5-year-Power-Commitment.html" rel="noopener noreferrer nofollow">Globenewswire</a>.
CEO Andrew Gilton emphasized the importance of hosting in the company's mission, highlighting the full booking of miner slots under a two-year lease agreement as a testament to the model's success.
A key component of the operation's sustainability is the control over operational costs, primarily <a href="https://ultramining.com/news/en/minnesota-man-faces-accusations-of-electricity-theft-for-bitcoin-mining/" rel="noopener noreferrer nofollow">electricity</a>, which constitutes about 80% of the data center's expenses. In a strategic move, BFCH has secured a five-year fixed-price energy agreement with 10NetZero, ensuring a stable and environmentally friendly power supply. 10NetZero's innovative approach to harnessing abandoned natural gas fields not only mitigates environmental impact but also aligns with ESG guidelines, offering a green solution to the energy demands of cryptocurrency mining.
The collaboration between BFCH, 10NetZero, and Digital Carpenters exemplifies a harmonious blend of technology, environmental stewardship, and strategic planning. As the cryptocurrency <a href="https://ultramining.com/news/en/texas-residents-challenge-bitcoin-mining-industrys-impact-on-power-grid-and-communities/" rel="noopener noreferrer nofollow">mining industry</a> continues to evolve, BFCH's innovative approach sets a precedent for the future, promising a sustainable and profitable pathway for stakeholders.

BitFrontier Capital Holdings, Inc. Takes a Bold Step Forward with a New 5-Year Hosting Commitment

Ultramining_Eng

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