Sangha Raises $14 Million to Build a Solar-Powered Bitcoin Mining Facility in Texas

A new solar-powered bitcoin mining facility in Texas secured $14 million in funding, showcasing a sustainable approach to the energy-intensive cryptocurrency industry. Sangha Renewables is setting up a 19.9-megawatt facility utilizing abundant solar energy to power Bitcoin mining operations. The project highlights the growing trend of integrating renewable energy sources into mining facilities, aiming for long-term sustainability and reduced environmental impact.