🚀 Genesis Digital Assets Expands Bitcoin Mining Operations in Texas
#GenesisDigitalAssets #BitcoinMining #Texas #Pyote #Vernon #MiningExpansion #Cryptocurrency #DataCenters #EnergyCapacity #DemandResponse
According to Odaily, Bitcoin mining company Genesis Digital Assets Limited (GDA) is expanding its operations in West Texas by adding 50 megawatts of power capacity to its mining sites in Pyote and Vernon. The expansion includes two new 20-megawatt buildings at the Pyote site, increasing its total capacity to 195 megawatts, and a 10-megawatt container facility at the Vernon site, bringing its total capacity to 70 megawatts. GDA's website indicates that the Pyote site can be expanded further to 370 megawatts. Currently, GDA operates over 600 megawatts of total power capacity across 20 data centers located in Texas, South Carolina, Sweden, and Argentina. The company's CEO, Abdumalik Mirakhmedov, stated that GDA is "one of the largest Bitcoin mining companies in terms of global computing power." Additionally, the company will participate in Texas's demand response program, which involves shutting down mining machines during peak electricity demand periods in exchange for compensation.#GenesisDigitalAssets #BitcoinMining #Texas #Pyote #Vernon #MiningExpansion #Cryptocurrency #DataCenters #EnergyCapacity #DemandResponse
🚀 U.S. Authorities Raid Bitcoin Mining Facility in Texas
#Bitcoin #BitcoinMining #Texas #Pyote #LonestarDream #ICE #FBI #HSI #DPS #CBP #WestTexas #ASIC #MiningEquipment #Seizures #Immigration #Visas #ForeignNationals
According to BlockBeats, U.S. Immigration and Customs Enforcement (ICE) conducted a raid on the Lonestar Dream Bitcoin mining facility in Pyote, Texas. Witnesses reported the presence of multiple government agencies, including ICE, the Federal Bureau of Investigation (FBI), Homeland Security Investigations (HSI), the Texas Department of Public Safety (DPS), and U.S. Customs and Border Protection (CBP). Authorities detained 12 to 13 employees who failed to present valid identification, including several foreign nationals with expired visas.
Pyote and the broader region of West Texas have become hubs for Bitcoin mining operations. Since late 2024, CBP has intermittently seized ASIC mining equipment at U.S. entry points. In some instances, CBP held the hardware for months, charging affected companies storage fees without providing clear reasons for the seizures. Under U.S. President Donald Trump's administration, CBP continued to detain certain shipments, only beginning to release the held equipment in the first and second quarters of 2025.#Bitcoin #BitcoinMining #Texas #Pyote #LonestarDream #ICE #FBI #HSI #DPS #CBP #WestTexas #ASIC #MiningEquipment #Seizures #Immigration #Visas #ForeignNationals