Stronghold Acquires Second Power Plant

Bitcoin mining company Stronghold Digital Mining has reportedly acquired a second coal refuse site in Pennsylvania. The firm also said it was “currently in negotiations” to obtain a third facility in the state.

The new power plant, Panther Creek, could generate a maximum of 80 megawatts (MW). If the company succeeds in actualizing that potential, the new facility could more than double Stronghold’s total power capacity to 165 MW. The plant is located on a 33-acre site in the northeastern Pennsylvania borough of Nesquehoning.

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