Block and Blockstream are partnering with Tesla on an off-grid, solar-powered Bitcoin mine in Texas

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Author: Jay Peters

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Block and Blockstream, a company that makes Bitcoin infrastructure, are partnering with Tesla on an open-source, solar-powered Bitcoin mine, the companies announced Friday. Tesla’s 3.8-megawatt Solar PV array and its 12 megawatt-hour Megapack will power the facility, and construction has started on the project.

“Weʼre excited to start the construction of this facility using Tesla Solar and Megapack,” Adam Back, CEO and co-founder of Blockstream, said in a press release. “This is a step to proving our thesis that Bitcoin mining can fund zero-emission power infrastructure and build economic growth for the future.”

The goal is for the facility to be completed “later this year.” When it’s running, there will be a publicly available...

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