Sabre56 signs deal with Bootstrap Energy to become ‘one of world’s largest blockchain operators’

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Sabre56, a digital asset management consultant offering specialist design of blockchain data centres, has announced a five-year agreement with Bootstrap Energy in what the company describes as the ‘biggest single operations contract’ in the crypto mining industry to date.

The agreement with Bootstrap Energy is to provide miner operations at the 300MW Saxet Energy Park in Texas, which has the capacity to host approximately 100,000 ASICs (application-specific integrated circuit), designed for the sole purpose of mining cryptocurrency, as well as AI and high-performance computing (HPC) platforms.  

“Saxet Energy Park is one of the largest builds in the space and shows the shared vision of Sabre56 and Bootstrap Energy,” Sabre56 commented in a LinkedIn post announcing the news. “It is a perfect example of the future of at-scale mining and will host the industry’s most successful public and private miners.

“We shall we one of the world’s largest blockchain operators of miners under management, and together we shall be setting new and higher standards of performance via this partnership.”

Phil Harvey, founder and CEO of Sabre56, added that the two partners were ‘united in bringing the new standard and creating a benchmark in the sector.’ “This agreement is a sign that the industry is maturing and the infrastructure and operations professionals are in the driving seat of one of the largest facilities in North America,” said Harvey.

According to Sabre56’s website, the company has worked on several sites, with operations in Texas maxing out at 400MW. The company also has a footprint in South Carolina, West Virginia, and Kentucky in the US, as well as smaller sites in Canada and Norway. In February, Sabre56 secured $35 million to build its own hosting sites, with 150MW of energy capacity the target by the end of 2023.  

The honours for the largest mining facility still go to Riot Blockchain, also in Texas. The company’s Rockdale site is claimed to have a total power capacity of 750MW, with 450MW currently developed.

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